18320 SW 97th Ave Palmetto Bay, FL ^$ 3,100,000

18320 SW 97th Ave

^$ 3,100,000

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New Construction

18320 SW 97th Ave

Palmetto Bay, FL, 33157

^$ 3,100,000

Studio Baths0.0 Sq 150,000

Monthly Estimate*

^$ 20,604

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 1

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 2

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 3

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 4

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 5

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 6

18320 SW 97th Ave, Palmetto Bay, FL 33157 - Image 7

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Studio

Commercial Property for sale in Palmetto Bay, FL

for $3,100,000. This 150,000 square foot building was built in 2024 on a lot size of 0.987144.

This project has been approved for five levels on a double corner location within the Downtown Urban Village Eureka Sector, also within a Federal Qualified Opportunity Zone, and may also be approved for the Live Local Workforce Housing Initiative Act under the Florida Housing Finance Corporation. Excellent frontage on three roadways including S.W. 184th Street, Eureka Drive, and S.W. 97th Avenue, Franjo Road offer a dynamic of value and accessibility. Excellent candidate for 1031 tax exchange.

Commercial Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,359

Style

MixedUse

Lot Size

0.987144

Year Built

2024

Town/City

Palmetto Bay

County/Region

Miami-Dade

MLS | Web ID

A11520568

Features

Interior

Flooring CeramicTile Marble Slate

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Assigned Covered Handicap

Total Parking 155.0

Lot Size Area 43000.0

Spa N

Building Area Total 150000.0

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 2024

Stories 5

Property SubType MixedUse

County Miami-Dade County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

City Palmetto Bay

View Y/N N

Senior Community Y/N N

Zoning Description 0100

MLS Area 50

Lot Size Units SquareFeet

Lot Size Square Feet 43000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 97th Ave

Property Attached Y/N N

Year Built Details New Construction

Land Lease Y/N N

Tax Annual Amount 9359.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11520568

Days on Market 55

Structure Type Apartment Office

Standard Status Active

Occupancy Type CallAgent

Legal Description MORNINGSIDE ACRES PB 46-7 E22FT OF N41.7FT LOT 5 & ALL LOT 7 & E22FT OF S41.7FT LOT 9 BLK 6 LOT SIZE 83.400 X 122 OR 18048-3905 0398 1 F/A/U

Internal Only

Street Number 1 18320

* Excluded Features

List By

Lifestyle Realty, Inc.

Broker

BrokerAttorney@gmail.com

Affordability Calculator

$21,383

Per Month

Monthly Principal & Interest: $20,604
Monthly Property Taxes: $780
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Palmetto Bay, FL

Average List Price ^$3,217,400

Percent of Sale Price 4%

About Palmetto Bay, FL

23,875 Population

0% Since 2002

^$107,084 Median Income

44.28 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/19/2024	$3,100,000	-8.82%	Price Down
1/25/2024	$3,400,000		Listed Price

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18320 SW 97th Ave, Palmetto Bay, FL, 33157 is a Commercial Property for sale at $3,100,000 with 150,000 sqft and a lot size of 0.987144. 18320 SW 97th Ave is a studio with 0.0 baths and was built in 2024. The property's zip code is 33157 which is in Palmetto Bay, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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18320 SW 97th Ave

Commercial Property for sale in Palmetto Bay, FL

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