The properties at 18191 SW 97 Avenue and 18200 Holcomb Avenue in Palmetto Bay offer a strong opportunity for multifamily development. Together, the parcels total nearly 20,000 square feet and are located within an Opportunity Zone, creating favorable conditions for redevelopment. Strategically positioned near US-1, they benefit from proximity to retail, dining, and new commercial growth, all of which support higher density residential demand. Palmetto Bay, known as the “Village of Parks,” is a desirable, family-oriented community with strong schools and amenities, making these parcels ideal for rezoning into mid-rise multifamily housing with long-term appreciation potential.
Property Details
Price:
$2,600,000
MLS #:
A11861142
Status:
Active
Beds:
0
Baths:
0
Address:
18161 SW 98th Ct
Type:
Single Family
Subdivision:
MORNINGSIDE ACRES
Neighborhood:
Morningside Acres
City:
Palmetto Bay
Listed Date:
Aug 18, 2025
State:
FL
ZIP:
33157
Lot Size:
10,000 sqft / 20,000.00 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$8,546
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18161 SW 98th Ct
Palmetto Bay, FL
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