2797 SW 27th Ter - Commercial LAND FOR SALE


Miami, FL 33133- Northeast Coconut Grove436,296,960 SF
$3,300,000 USD
305-602-0360
2797 SW 27th Ter, Miami, FL for Sale
$3,300,000 USD
Commercial LAND - FOR SALE
1/4
436,296,960 SF

2797 SW 27th Ter
Miami, FL 33133
Northeast Coconut Grove


HIGHLIGHTS

  • Primary Zone: T5-O 1 single-family home & 1 duplex
  • Between Coconut Grove & Brickell Within the TOD
  • T5-O zoning

OVERVIEW

RE/MAX 360 proudly presents a prime redevelopment Directly along The Underline "GROVE CENTER CONDO". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 10,000 feet of land. The lot(s) assemblage allows 75 units via Live Local on (8) 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 T5-O 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 75 units via Live Local on (8) floors

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/ACRE

$329/AC

PRICE/SF

$0.0076 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Grove Center Condo

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

10016 AC

LAND SF

436,296,960 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T5-O

APN/PARCEL ID

01-4116-035-0221,01-4116-035-0230

ASK ABOUT THIS PROPERTY

Agustin DuarteReMax 360More Info
305-602-0360

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Agustin DuarteReMax 360More Info
305-602-0360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.