Miami, FL 33130,542 SW 7th St

$600,000

$700,000

14.3%
Est.Price: ?

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Est. payment /mo

7,405 Sqft Lot


SOLD DATE : 01/03/2017

Key Details

Sold Price $600,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision South City/Miami

MLS Listing ID A10043984

Sold Date 01/03/17

HOA Y/N No

Annual Tax Amount $2,611

Tax Year 2015

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x150

Property Description

7,500 Sq. Ft. Multi-Family land with limited commercial application situated west of downtown. Seventh St is the only egress route heading west out of Brickell with average daily traffic counts over 16,500. Dynamic economic growth, sub 2% vacancies are pushing rental rates higher and demand is strong for mixed-use infill development.

Location

State FL

County Miami-dade County

Community South City/Miami

Area 41

Direction Take US HWY 41 Westbound/SW 7 ST from downtown and site will be on the left hand side.

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Waterfront No

Present Use Commercial

Building

Lot Description <1 Acre

Sewer Other

Water Other

Others

Tax ID 01-02-04-080-1060

Financing Cash

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Listed by Fausto Commercial Realty Consultants Inc
Bought with Fausto Commercial Realty Consultants Inc
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