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.
Avanti Way Realty LLC
Features & Details
Learn about the features and details of 162 COURT SW 70 ST
Property Details
Property Type
Vacant Land
Living Area
-
Year Built
Year Built
Lot Size
294,466 sqft
Stories
-
Annual Tax
$55.00
List Date
7/12/2025
Updated
7/15/2025
Last Checked
Recent
MLS Number
#A11839284
Brokerage
Avanti Way Realty LLC
Postal Code
33193
Area
Miami-Dade
City
-
Additional Property Features
Occupancy
Available
List Price
$2,999,999.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 162 COURT 70 ST
$0
20.0%
$2,999,999
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$14,382
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Cash Flow Analysis
Mortgage Payment:
$14,381.94
Monthly Payment:
$14,386.52
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this stunning vacant land in the heart of . Offered at $2,999,999.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.