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18300 SW 98th Avenue, Palmetto Bay, FL 33157 (MLS# A10796372)

18300 SW 98th Avenue, Palmetto Bay, FL 33157

$2,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 40,910 Status: Closed
Current Price: $2,000,000 List Date: 1/08/2020 Last Modified: 6/14/2026

Overview

Description

Village of Palmetto Bay land- ready for development, 1.17 gross acreage site is approved for a 60 unit apartment building with 52 residential and 8 live work units. Property is located in the Downtown Urban Village and is a designated IRS economic opportunity zone. Parking for 111 vehicles all located on site. Approved architect design and development is included. All your buyer has to do apply for building permits. See attachment of the approved rendering of the project.

Listing Details MLS# A10796372

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
3
Lot Size Acres
1.17
Lot Size Square Feet
40910
Lot Size Dimensions
50965
Lot Depth
284
Minimum Livable Area
789
Additional Parcels YN
Yes
Additional Parcels Description
3rd Parcel ID 3350320071122, 2nd Parcel ID 3350320071120
Lot Frontage
224
LP/SqFt
51.33

Property Features

Comprehensive Plan Use: Suburban Current Use: Multi-Family; Unimproved Deed Restrictions: Call Listing Office Environmental Audit: Phase 1 Location of Property: City Location; Corner Lot; Corner Unit Possession: Negotiable Special Information: City Jurisdiction; Corporate Owned Trees: Partial Tree Coverage; Other Utilities: Electricity Available; Sewer Available; Water Available Vegetation: Other Listing Terms: Cash; Conventional Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent Contingencies: Inspection Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2300000
LP/Acre
1794871.79
LP/Frontage
9375

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
18300
Street Direction Prefix
SW
Street Name
98th
Street Suffix
Avenue
City Name
Palmetto Bay
Municipal Code
33
State Or Province
FL
Postal Code
33157
Postal Code +4
5508
Postal Zip
33157
Subdivision Name
MORNINGSIDE ACRES
Area
2500
Parcel Number
3350320071121
Subdivision Number
7
Zoning
0100
Flood Zone
X
Directions
US 1 to 184 St East to SW 98th Ave, Vacant lot parcel one on left side.

Financial Information

Tax Year
2018
Tax Annual Amount
8734
Tax Legal Description
MORNINGSIDE ACRES PB 46-7 BEG AT NE COR LOT 10 BLK 10 TH WLY ALG NLY/L LOTS 10 & 9 FOR 114.36FT TH SLY PARR TO E/L LOT 9 78.29FT TH ELY TO E

Status Change Information

Major Change Timestamp
2021-03-31T12:32:25Z
Major Change Type
Status Change
Price Change Timestamp
2020-04-09T16:06:08Z
Status Change Date
2021-04-03
Under Contract Date
2021-02-26
Close Date
2021-03-31
Close Price
2000000
Buyer Financing
Cash
SP/Acre
1709401.71

More Information

Income and Expenses

Gross Scheduled Income
28200
Inc/Exp Statement Period
No

Buyer Details

Intended Use
Investment
Buyer State
Florida
Zip Code
33157

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
2534.85

Section Details

Parcel Number MLX
1121

Originating Details

Originating System Key
341289239
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Comprehensive Plan Use

Suburban
Yes

Current Use

Multi-Family
Yes
Unimproved
Yes

Deed Restrictions

Call Listing Office
Yes

Environmental Audit

Phase 1
Yes

Location of Property

City Location
Yes
Corner Lot
Yes
Corner Unit
Yes

Possession

Negotiable
Yes

Special Information

City Jurisdiction
Yes
Corporate Owned
Yes

Trees

Partial Tree Coverage
Yes
Other
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Vegetation

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

Inspection
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
2 To Less Than 3 Acre Lot
Yes
Listing Office: Wider Realty
IDX
Last Updated: June - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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