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.
Listed By
Agency Name: RE/MAX 360 Real Estate
Agency Phone: 305-602-0360
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 18,669.51 per month $15,967.26 Principal & Interest $1,827.25 Property Tax $875.00 Homeowner's Insurance
| MLS# A11777458
This land located at , Miami, FL 33133 is currently listed for sale with an asking price of $3,000,000. The property has approximately 0.30 Acres. Search Miami real estate on www.adamscameroncommercial.com today.