$45,000,000

Estimated payment $244,505/month

0.64 Acre
$70,312,500 Price per Acre
27,878 Sq Ft Lot

About This Lot

Exclusively offered is a premier covered land assemblage consisting of three contiguous folios totaling approximately 0.64 acres. The property is currently improved with four income-producing tenants, providing near-term cash flow while preserving long-term redevelopment flexibility. Strategically positioned for mixed-use development, the site offers the potential to develop up to approximately 288,059 square feet across up to twenty stories, subject to zoning incentives and available public benefit bonuses.

Listing Agent

Menachem Fellig

Compass Florida, LLC License #3291623 Listed on: 02/05/2026

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $127,169

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 144x357
  • Property is zoned 6103

Additional Features

  • City Lot
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Magnolia Park 2Nd Amd Pl Condos
  • Magnolia Park 2Nd Amd Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-011-0470

Property Details

Property Type

Land

Est. Annual Taxes

$127,169

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.64
  • Lot Size: 144x357
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained
  • Structure Type: Commercial
  • Subdivision Name: MAGNOLIA PARK 2ND AMD PL
  • CurrentPrice: 45000000
  • InternetRemarks: Premier 0.64-acre covered land assemblage with four income-producing tenants and mixed-use redevelopment potential up to 20 stories.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Central Urban

Exterior Features

  • Lot Features: Central Business District, City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA PARK 2ND AMD PL

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-19-011-0470
  • Current Use: Unimproved Business/Commercial, Income (Other)
  • Lot Size Sq Ft: 6812
  • Zoning: 6103

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 127169

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $50,953 $2,451,377 -- --
2024 $47,126 $2,228,525 -- --
2023 $47,126 $2,025,932 $0 $0
2022 $41,449 $1,841,757 $0 $0
2021 $38,186 $1,674,325 $0 $0
2020 $35,999 $2,035,092 $1,532,700 $502,392
2019 $34,012 $2,019,377 $1,532,700 $486,677
2018 $30,304 $1,854,921 $1,362,400 $492,521
2017 $27,993 $1,139,530 $0 $0
2016 $27,280 $1,035,937 $0 $0
2015 $22,317 $941,761 $0 $0
2014 $20,373 $856,147 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 For Sale $45,000,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Warranty Deed $305,000 --
Warranty Deed $305,000 --
Deed $900,000 --
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11947906

MIAMI REALTORS® MLS

APN: 01-3219-011-0470