10260 178Th St Miami, FL 33157

Exceptional investment opportunity: a 7-unit, 3-bedroom, 2-bathroom townhome development project in West Perrine, Florida. This 11,632 sq ft lot (larger than recorded) is zoned UC EDGE, allowing for 18 units per acre based on gross square footage. Plans are submitted and have passed the initial planning department review for seven two-story townhomes/condos, each featuring three bedrooms and two bathrooms, along with 13 surface parking spaces. The property currently includes a single-family home rented month-to-month for $1,200. Utilities (water and sewer) are already connected. The property is not located in a flood zone. A comparable nearby property (11 townhome units) recently listed for $1.6 million. The land value is $45.47/sq ft. Owner financing or a joint venture agreement may be considered. This prime West Perrine location offers significant upside potential. The property's APN is 30-5032-000-0920. The asking price is $529,999.