Active
Private Address
$3,000,000
$227.27 per sqft
Active
0.3 Acres
Land
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.
A11707384
MLSⓇ ID
December 10, 2024
Listed
December 10, 2024
Updated
Map
Private Address
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
No Misc/Improvements
Other Property Details
Area Name
Sylvanmere
Taxes
$21,927
Tax Frequency
Annually
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
3901
Listed by: RE/MAX 360 Real Estate
Listing Contact: 305-450-5992
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Data last updated 11:39 PM UTC, 12/10/2024.