Rare Development Opportunity In The Heart Of Coconut Grove! Fully Leased, Income-producing Duplex On A 6,000 Sf Duplex-zoned Lot With Two Excellent Tenants In Place. Ideal For New Construction, Build Two Luxury Townhomes (approx. 1,845 Sf Each, 3 Bed / 3 Bath). Estimated Hard Cost Is $200/sf, With A Projected All-in Cost Of $1.3m Per Townhome. Resale Comps In The $1.6m+ Range Offer Strong Upside For Developers. Utilities At Street. Lot May Be Split, Buyer To Verify With City. Prime Location Near Parks, Shops, Schools, And Dining. Drive-by Only; Do Not Disturb Tenants. Showings Will Be Scheduled For Serious Buyers Only. Conceptual Plans Available For Illustration Purposes Only.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
Heating Description: Electric
Cooling Description: Electric
Building and Construction
Floor Description: Hardwood,Tile,Wood
Year Built: 1948
Year Built Description: Effective Year Built
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-07-13T00:40:48.000-00:00
Taxes, Fees & More
Taxes: 14098
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