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Miami Suburban Acres, 3690 SW 23rd Ter
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OFF MARKET
0.32
AcreStatus
OFF MARKETExpired
Size
0.32 Acres (1,301 m2)
Price
$7,812,500/Acre ($1,922/m2)
Type
Land
MLS Number
A11360760
On Site
1273 Days
Updated
946 Days ago
Page Views
0
Great Investor/Developer opportunity. Well-maintained duplex on a 14,000 SF lot, located just blocks to shopping & dining on Miracle Mile in Coral Gables and close to the bayfront community of Coconut Grove. Current structure offers 2 rentable units (one is a 2BR/2BA and the other a 2BR/1BA). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned T6-8-O (able to build a max of 48 units). Just a few minutes drive to MIA, downtown, Key Biscayne & the Beaches.
Features
All features
- Property SqFt: 14000
- Remarks: Great Investor/Developer opportunity. Well-maintained duplex on a 14, 000 SF lot, located just blocks to shopping & dining on Miracle Mile in Coral Gables and close to the bayfront community of Coconut Grove. Current structure offers 2 rentable units (one is a 2BR/2BA and the other a 2BR/1BA). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned T6-8-O (able to build a max of 48 units). Just a few minutes drive to MIA, downtown, Key Biscayne & the Beaches.
- Internet Remarks: Great Investor/Developer opportunity. Well-maintained duplex on a 14, 000 SF lot, located just blocks to shopping & dining on Miracle Mile in Coral Gables and close to the bayfront community of Coconut Grove. Current structure offers 2 rentable units (one is a 2BR/2BA and the other a 2BR/1BA). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned T6-8-O (able to build a max of 48 units). Just a few minutes drive to MIA, downtown, Key Biscayne & the Beaches.
- Waterfront: No info
- Directions: North
- Days on Market: 303
- Compass Point: SW
- Office Name: Compass Florida, LLC
- Area: 14000
- Taxes: 15624
- Tax Year: 2022
- Listing Date: 2023-03-22T14:19:22.000-00:00
- Lot Size Square Feet: 14000
Apples-to-Apples Comparables
Price History
Current
$2.5M
High
$3M
Low
$2.5M
Total Change
-16.7%Date
Event
Price
Change
Price Per
05/25/2023
Price Reduced
$2.5M
-16.67%$179 ft2
$1,922 m2
03/22/2023
Listed
$3M
$214 ft2
$2,307 m2
05/25/2023
$2.5M
Event
Price Reduced
Change
-16.67%Price Per
$179 ft2
$1,922 m2
03/22/2023
$3M
Event
Listed
Price Per
$214 ft2
$2,307 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ana Cuan • Compass Florida, LLC • Buyer Agency Compensation .
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Scores
88
100
45
100
55
100
75
100
0
100
31
100
2
100
Community Snapshot
2 – 4 BR
Bedrooms
$799K – $1.8M
Price Tier
856 - 5,420
SqFt Range
1969
Year Build
2
Total Floors
Subdivision Amenities
Pool
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