Miami, FL 33133
Listing Courtesy of: MIAMI / Re/Max 360 Real Estate

   Miami, FL 33133

Active (16 Days)
$3,000,000

Description

Prime redevelopment directly along The Underline, GROVE CHIC RESIDENCE.
The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land.
The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building.
The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements.
The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.

MLS #:
A11707384
Taxes
$21,927(2023)
Lot Size
0.3 acres
Type
Land
County
Miami-Dade County
Community
Sylvanmere

Listed By

Agustin Duarte, Re/Max 360 Real Estate
Source
MIAMI
Last checked Dec 26 2024 at 12:55 PM GMT+0000
Bathroom Details
Subdivision
  • Sylvanmere
Disclaimer: Copyright 2024 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/26/24 04:55