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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.3 acres
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 & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.3
-
Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$3,000,000
-
Tax Amount
21927.0
-
Zoning
3901
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Agustin Duarte , RE/MAX 360 Real Estate
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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