1477 NW 79th St, Miami FL 33147,Miami,Miami-Dade County,Commercial Land

SITE PLAN APPROVED project for 126 units + retail. Right next to the Swerdlow Group mixed use brightline station megaproject and the 3,200 unit project on NW 84th. Benefits from the project include 75% reduction in property taxes in perpetuity, waiver of impact fees and $630,000 refund in sales tax on construction materials.

Rents in the area for smaller economical units are over $4.00 a sq ft. Professional construction estimate available. LOTS of development nearby (see attachment for list of projects). Project would work for a HUD loan. *Not in a flood zone* Brand new water and sewer lines from the county project abutting 3 sides of the property.

Project size can be reduced without site plan resubmission and can be increased up to 185 units and reapproved within 30-45 days.