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$6,500,000
Est. payment /mo
17,635 SqFt
UPDATED:
02/10/2025 03:16 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 17,635 sqft
Price per Sqft $368
MLS Listing ID A11127235
HOA Y/N No
Year Built 1975
Annual Tax Amount $27,090
Contingent No Contingencies
Lot Size 0.707 Acres
Property Description
Prime redevelopment opportunity centrally located between Little Havana, Coral Gables, & Coconut Grove along bustling SW 27th Ave. This 5 parcel assemblage totals more than 30,800 sq ft or .70 net acres with a mixture of zoning allowances: T6-8-O plus T4-L and spans from SW 11th St to SW 12th St. The assemblage has approx. 190 ft. of frontage along SW 27th Ave and 150 of frontage on SW 12th St. This income-producing property grosses over $300k per year, w/short leases in place. Take advantage of this great opportunity to construct your signature building in one the hottest markets in the country. Also great for Owner-Users looking to expand into a larger space w/room to grow. Keep the extra land for parking or future development or sell it off to lower your cost basis. Financing Available.
Location
State FL
County Miami-dade
Area 41
Others
Tax ID 01-41-10-055-0240
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11127235
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Listed by Miami Brokers Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
bernadette@bernadettebunch.com
3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA