Sold Jul 28, 2026
$2,650,000About this home
Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
Listing last checked: Listing updated:
Listed by Ahmed Ribhi Abdeldayem PA · KW Innovations · MLS #R11058271
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 2.52 acres
- Sewer
- Public Sewer
- Zoning
- Urban Infill
Financial2 property facts
- Annual taxes
- $6,855
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $2,600,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$13,718 / monthAdjust
- Principal & interest
- $13,147
- Property tax
- $571
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,855. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 3 supplied
Sold Jul 11, 2026
$2,500,000800 W Fern Drive
Sold Jul 14, 2026
$2,500,00018189 49th Terrace
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About 5321 Maine Street
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