Address
Open on Google Maps- Address
- City Miami
- State/county FL
- Zip/Postal Code 33133
- Area SYLVANMERE
Details
Updated on April 10, 2025 at 5:48 pm- Price: $3,000,000
- Land Area: 0.3 Acres
- Garage Size: x x
- Property Type: Land, Residential
- Property Status: Active
- Property Sub Type: Residential
Additional details
- Utilities: Cable Available,Electricity Available,Other,Phone Available,Sewer Available,Water Available
- Sewer: Other
- County: Miami-Dade
- Property Type: Land
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.
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