Home in Palmetto Bay For Sale

9720 SW 181st Ter, Palmetto Bay FL 33157 Palmetto Bay 33157

A11667815

For Sale

$490,000

Days on Market: 41

Beds: 2
Baths: 1
Square Feet: 650 ft2 (60.4m2)
Listed On: 09/29/2024
Days on Market: 55
Year: 1950
Taxes: 854 (Yearly)
Parking: 0 Garage Space/s
Description

Discover a rare opportunity to own a 12,080 SQFT lot in Palmetto Bay’s highly desirable "Opportunity Zone." Zoned for both commercial and residential development, this property is perfect for investors and developers eager to tap into the area’s growth potential. Currently, it features a well-maintained, owner-occupied 2-bedroom, 1-bath home with a nearly new roof and plenty of remaining life—ideal for comfortable living or rental income while planning future projects. With endless possibilities, from constructing modern townhomes to commercial office spaces, this property is a visionary’s dream. Located just 3-5 minutes walking distance from a new Lennar development, the area is rapidly evolving, offering long-term value. Don't miss this must-see opportunity!

Additional Details
Mls: A11667815
Property Subtype: Single Family Residence
Long Type: Single Family
Listing Title: 9720 SW 181st Ter, Palmetto Bay FL 33157
Bedrooms: 2
Bathrooms: 1
Garage Spaces: 0
Parking Description: Driveway
Pets Allowed: More Than 20 Lbs
Sqft: 650
Prop Sqft: 12,008
Compass Point: SOUTHWEST
Street Number: 9,720
Street Name: 181st Ter
Development Name: Morningside Acres
Subdivision Name: MORNINGSIDE ACRES
Days On Market: 41
Waterfront Yn: No
Pool Yn: No
Floor Description: Ceramic Floor
City: Palmetto Bay
State: FL
Zipcode: 33157
Latitude: -80.3488883
Longitude: 25.601055
Price: 490,000
Last Price: 490,000
Yearly Taxes: 854
View: None
Year Built: 1,950
Entry Date: 2024-09-29
Date Created: -0001-11-30
Status: Active
Date Modified: 2024-11-18
Sys Date Modified: 2024-11-09

Location

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