162 COURT SW 70 ST, Kendall, FL 33193

Formerly a community lake and green area, this exceptional 6-acre property in Kendall includes a valuable DERM LOI outlining required steps for partial lake fill-in. Comparable residential land in this prime area is valued at over $6M, but this unique parcel is attractively priced to reflect the necessary initial investment and sweat equity. Preliminary engineering strongly supports development into a rental community featuring a boutique clubhouse, community pool, and scenic lakeside walking trail, delivering dual income streams: rental revenue and HOA amenity fees income projections range from $480K–$1.44M annually. Buyer will receive RSP Engineers' preliminary conceptual site plan ready for County approval. Seize this rare equity-building opportunity.

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Avanti Way Realty LLC.