DEVELOPMENT OPPORTUNITY – Offering the opportunity to acquire a 3.63-acre assemblage site located in Sweetwater, FL and just 0.2 miles from FIU’s main campus. The property consists of adjacent parcels, with 8 of them providing a stable income while planning for development. The site is situated within the Transportation Concurrency Exception Area (“TCMA”) and the University District (“UD”) overlay, thus offering development opportunities representing a substantial increase on allowed density of up to 210 units per acre for university housing projects, as well as development projects providing 20% housing meeting the needs of elderly, active-duty military and/or veterans, and workforce housing.
Attached NDA is required before providing more information and Offering Memorandum.
Attached NDA is required before providing more information and Offering Memorandum.
Property Details
Price:
$28,118,548
MLS #:
A11593944
Status:
Active
Beds:
0
Baths:
0
Address:
Type:
Single Family
City:
Sweetwater
Listed Date:
May 24, 2024
State:
FL
ZIP:
33174
Lot Size:
158,200 sqft / 3.63 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2023
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