Miami, FL 33133
$3,000,000
1 more
Presented By: This listing is courtesy of RE/MAX 360 Real Estate
Home Details
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.
Presented By: This listing is courtesy of RE/MAX 360 Real Estate
Interior Features for
Bathrooms
Total Baths
General for
Additional Parcels Description01-41-16-037-0311,
CityMiami
CountyMiami-Dade
Current UseOther
Legal DescriptionSYLVANMERE RE-SUB PB 41-29 LOT 12 BLK 5 LOT SIZE 60.000 X 110 OR 18131-1519 0598 5
Lot Size Square Feet13200
Lot Size UnitsSquare Feet
MLS Area41
PossessionClosing & Funding
PostalCityMiami
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeLand
SewerOther
Standard StatusActive
StatusActive
Subdivision NameSYLVANMERE
Tax Annual Amount21927
Tax Year2024
UtilitiesCable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available
Virtual TourClick here
Zoning Description3901
Exterior for
Covered Spaces
Lot Dimensions120x114
Lot Features<1 Acre
Lot Size Acres0.3
Lot Size Area13200
Number of Lots2
Road ResponsibilityPublic Maintained Road
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Yara Hernandez
Realtor®
