Cushman & Wakefield is pleased to present a rare, high impact redevelopment opportunity at the gateway to Coral Gables—one of Miami’s most sought-after and supply-constrained submarkets. The property consists of a 7,000-square-foot (0.16-acre) parcel zoned T5-O, currently improved with a ±1,443-square-foot single-family residence. The zoning allows for immediate, as-of-right development of up to 10 residential units or a boutique office concept, offering investors the ability to execute on a variety of high demand product types. In the interim, the existing structure provides the ability to generate income and offset carry costs during the entitlement and planning phase.
Positioned within a rapidly evolving corridor with strong population growth, increasing rental demand, and proximity to Coral Gables’ core amenities, this offering presents a compelling opportunity to capitalize on a fundamentally strong location with limited comparable development sites.