Miami, FL 33196

$65,000,000
List Price
$65,000,000
MLS#
A11266316
Status
ACTIVE
Type
Commercial

Property Description

Kendall Town Center (KTC) is the last remaining sizable commercial parcel in Miami suitable for a major mixed-use development. Located on North Kendall Drive in the West Kendall submarket of Miami, the property is comprised of 32.73 acres fronting North Kendall Drive (SW 88th Street) in an incredible underserved retail/commercial market with over 800,000 residents in a 10-mile radius. KTC is surrounded by retail, restaurants, medical and very dense residential uses. The household median income levels are currently $90,000 in a 5-mile radius and continue to increase. KTC is a Development of Regional Impact (DRI) which was amended in April 2022 which approved 800 residential units. The approval included a combination of residential and commercial uses and maximum square footages.

Additional Information

Days on Market
633
Tax Amount
$542,496
Parcel Number
30-59-05-029-0020
Lot Size
3,042,624
Directions
Along SW 88th Street (Kendall) between SW 157th Avenue and SW 162 Ave. Vacant Land across from The Pointe
Address
Miami
Development Name
Kendall Town Center
Development
Kendall Town Center
Section
5

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of E. L. S. Realty Corp., Contact: