Real Estate For Sale
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Undisclosed Address
Miami, FL 33133
$3,000,000
Active
6+
$3,000,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
64
DOM
Undisclosed Address Miami, FL 33133
Beds, Baths, Residential Sq.Ft.

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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Listing Summary
  • Address Undisclosed Address
  • City Miami
  • County Miami-Dade
  • Zip 33133
  • Price $3,000,000
  • Status Active
  • Subdivision Sylvanmere
  • Pets Allowed No
  • MLS® # A11707384
  • Property Type Land
  • Property Sub TypeResidential
  • Status Active
  • Square Feet
  • Year Built
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $21,927
  • Tax Year 2023
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Undisclosed Address
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11707384) is provided courtesy of (RE/MAX 360 Real Estate). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-02-2025. IDX powered by Realty Net Media
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