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Recommended
$3,000,000
- 0.3 Acres
- $10,000,000/Acre
Entry-Level
Land for sale in SylvanmereUndisclosed Address, Miami, FL 33133Prime 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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$3M to $3M
Price Tier
978 - 5,048
SqFt Range
2018
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