Sylvanmere, Miami, FL 33133

0.15Acre

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Details

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Status:
Active
Size: 0.15 Acres (613 m2)
Price: $20,000,000/Acre ($4,893/m2)
Type: Land
MLS Number: A11777458
On Site: 130 Days
Updated: 124 Days ago
Page Views: 0
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.
Features
All features
  • Current Use: Other
  • Property SqFt: 6600
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 6
  • Office Name: RE/MAX 360 Real Estate
  • Area: 13200
  • Taxes: 21927
  • Tax Year: 2024
  • Listing Date: 2025-04-04T12:28:33.000-00:00
  • Lot Size Square Feet: 6600

Price History

04/04/2025

Date

Listed

Event

$3M

Price

$455 ft2 / $4,893 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Agustin DuarteRE/MAX 360 Real Estate • Buyer Agency Compensation .

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