Introducing the rare opportunity to acquire over 1.6 acres of covered land ripe for re-development in the ultra-prime Coral Gables sub-market of Miami. Boasting a highly efficient layout with T6-8-O zoning on the majority of the assemblage, the site allows for 167 units by-right and is ideal for a mid-rise project of varying uses (i.e. mixed-use, multi-family, condo, office, hotel, and more).
On top of all of that, the sale includes a nearly 18,000 Sq. Ft. banquet hall and catering kitchen Renaissance at the Gables, and a 2,300 Sq. Ft. duplex that are well-maintained and operational. This allows a developer the flexibility to either develop immediately or play the long game as a covered-land opportunity.
Property Type :
Land
Subdivision :
Miami Suburban Acres
County :
Miami-Dade County
Style :
Land
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ByOwner last updated this listing 04/29/2024 @ 12:58
MLS: A11522025
LISTED BY: Jamie Maniscalco, The Alpha Commercial Advisors LLC
SOURCE: SEFMIAMI
Buyer Agency Compensation: 1.5%
Buyer Agency Description: BBC: 1.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.
