N/A, Miami, FL

$3,000,000

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0.30

Acres

About N/A

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.

Features of N/A

MLS® # A11777458
Price $3,000,000
Bathrooms 0.00
Acres 0.30
Type Land / Boat Docks
Sub-Type Residential
Status Active

Community Information

Address N/A
Area 41
Subdivision SYLVANMERE
City Miami
County Miami-Dade
State FL
Zip Code 33133-3022
HOPA No Hopa

Amenities

Utilities Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description 120x114

Listing Details

OfficeRE/MAX 360 Real Estate

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