$350,000

Capitalize on a luxury multifamily development opportunity in the booming 85016 zip code, perfectly positioned between the Camelback Corridor and Arcadia Lite. This 10,515 SF infill lot offers a ''plug-and-play'' scenario with previously approved plans for four (4) 2-bed/1.5-bath, 1,063 SF units, complete with architectural, civil, and MEP plans to slash development timelines. FLEXIBLE STRATEGY: Build the approved contemporary duplexes (with private yards, dog park, parking) or design your own high-end ''missing middle'' project. PRIME LOCATION: Minutes from Biltmore Fashion Park, elite dining, and Sky Harbor Airport. OPTIMAL FINANCING: Develop as a fourplex to utilize favorable residential financing. HIGH-DEMAND AREA: Proven market with neighboring sales over $2.5M.