Active
duplex
SALE
3210 E Elizabeth Street, Miami, Florida 33133
Miami, FL 33133
$1,875,000
1,492 sqft
Property Details
MLS#
A11839361
Type
Duplex
Square Footage
1,492
Year Built
1948
Tax Amount
$14,098
Property Description
Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.
Amenities
2 Stories
Built 1948
Cooling: Electric
Heating: Electric, Separate Meters
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Avanti Way Realty LLC
Listing Agent:
Frank Potamos
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