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$54,450
Miami, FL 33170
SILVER PALM PARK
GROUND LEASE OPPORTUNITY-ALSO FOR SALE: MLS: A11787665Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2.5+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.
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Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$54,450
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Listed by Rosy Cancela, Coldwell Banker Realty