Auction Information
Vacant Multifamily/Commercial Site South of 2280 NW 41 Street, Miami, FL
Vacant site containing 8,382 square feet, located on east side of NW 23 Avenue, just south of NW 41 Street. The site is zoned MCUCD - Model City Urban Center District, which allows a variety of multifamily residential and commercial uses.
Deed Restrictions: Please note that the property being offered for sale will contain deed restrictions requiring that if the property is used in connection with housing development, whether or not such housing is developed on the property or in connection with additional property, any housing constructed in connection with such property shall only be rented or sold to very low, low and moderate-income individuals and households whose income does not exceed 140 percent of area median income. Please reference a Copy of the County Deed, Rental Regulatory Agreement and Affordable Housing Restrictive Covenant, which are made a part hereof and incorporate...
Deed Restrictions: Please note that the property being offered for sale will contain deed restrictions requiring that if the property is used in connection with housing development, whether or not such housing is developed on the property or in connection with additional property, any housing constructed in connection with such property shall only be rented or sold to very low, low and moderate-income individuals and households whose income does not exceed 140 percent of area median income. Please reference a Copy of the County Deed, Rental Regulatory Agreement and Affordable Housing Restrictive Covenant, which are made a part hereof and incorporated as a condition of sale. Bidders are encouraged to conduct their own due diligence as to the required deed restrictions and how it affects the use and economics of the property prior to submitting a bid.
Sale Conditions: The properties are being sold AS IS. Miami-Dade County does not provide an abstract of title or survey of the property. Transfer of property title shall be in the form of a County Deed, as prescribed by law, to the highest bidder.
To bid on this item a deposit of $16,000 shall be required. The balance of the sale price is due within five (5) business days of the Notice of Award of being the successful bidder. Closing on the sale of the property must be held within sixty (60) days of award or the deposit will be forfeited. The closing will be done by mail or in person at Miami-Dade County Internal Services Department, Real Estate Development Division, 111 NW 1 Street, Suite 2460, Miami, FL 33128-1994.
Buyers Premium: A buyers premium of 7.0% will be added to the final sale price.
Purchaser shall assume the full cost of the documentary stamps and surtax on the transfer of title to the property, recording fees and a proportionate share of the real estate taxes/special assessments due in the year of the closing. Additional terms and conditions can be found on the auction site.
The attached "Auction Terms and Conditions for Miami-Dade County ISD Real Estate" shall supersede any other terms and conditions specified herein.
**PRICE REFLECTS CURRENT HIGH BID AND IS SUBJECT TO CHANGE AT ANY TIME DURING THE ONGOING AUCTION**
GovDeals is an Online Auction for Government Surplus - QAL#17256-1, Auction Ends 2/11/2022. To see full details, additional photos and current bid, please visit our website.
***GovDeals- Bid on Government Auctions to buy Government Surplus. ***
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