OFF MARKET
0.24
AcreStatus
OFF MARKETExpired
Size
0.24 Acres (952 m2)
Price
$7,812,500/Acre ($1,969/m2)
Type
Land
MLS Number
A11605625
On Site
825 Days
Updated
606 Days ago
Page Views
0
Exclusive redevelopment opportunity to build up to a 21-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex—1 Single family 2/1 main house and a 2/1 separate structure on a 10,250 sf lot with both T6-08 and T5-R zoning. This would allow for the redevelopment of the property consisting of 21 units with a vertical potential of 3 stories within the overlay. Whether you're a seasoned developer seeking your next triumph or an investor with an eye for opportunity, this parcel of land offers the perfect canvas and ideal setting for a sleek, modern structure rising amidst the bustling energy of Morningside. Its favorable zoning promotes a dynamic urban landscape where a multifamily oasis is poised for success.
Features
All features
- Property SqFt: 10250
- Remarks: Exclusive redevelopment opportunity to build up to a 21-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex—1 Single family 2/1 main house and a 2/1 separate structure on a 10, 250 sf lot with both T6-08 and T5-R zoning. This would allow for the redevelopment of the property consisting of 21 units with a vertical potential of 3 stories within the overlay. Whether you're a seasoned developer seeking your next triumph or an investor with an eye for opportunity, this parcel of land offers the perfect canvas and ideal setting for a sleek, modern structure rising amidst the bustling energy of Morningside. Its favorable zoning promotes a dynamic urban landscape where a multifamily oasis is poised for success.
- Internet Remarks: Exclusive redevelopment opportunity to build up to a 21-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex—1 Single family 2/1 main house and a 2/1 separate structure on a 10, 250 sf lot with both T6-08 and T5-R zoning. This would allow for the redevelopment of the property consisting of 21 units with a vertical potential of 3 stories within the overlay. Whether you're a seasoned developer seeking your next triumph or an investor with an eye for opportunity, this parcel of land offers the perfect canvas and ideal setting for a sleek, modern structure rising amidst the bustling energy of Morningside. Its favorable zoning promotes a dynamic urban landscape where a multifamily oasis is poised for success.
- Waterfront: No info
- Days on Market: 219
- Compass Point: NE
- Office Name: One Sotheby's International Realty
- Area: 10250
- Taxes: 11590
- Tax Year: 2023
- Listing Date: 2024-06-11T23:00:45.000-00:00
- Lot Size Square Feet: 10250
Apples-to-Apples Comparables
Price History
Current
$1.9M
High
$2M
Low
$1.9M
Total Change
-5.1%Date
Event
Price
Change
Price Per
01/16/2025
Price Reduced
$1.9M
-5.06%$183 ft2
$1,969 m2
06/11/2024
Listed
$2M
$193 ft2
$2,074 m2
01/16/2025
$1.9M
Event
Price Reduced
Change
-5.06%Price Per
$183 ft2
$1,969 m2
06/11/2024
$2M
Event
Listed
Price Per
$193 ft2
$2,074 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jorge Uribe • One Sotheby's International Realty • Buyer Agency Compensation .
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