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Active unimprovedland SALE

2720, Miami, Florida 33133

Miami, FL 33133

$5,700,000
Property Details
MLS# A11732832
Type Unimprovedland
Tax Amount $38,872

Property Description

Feasibility study now available! Synergy Realty Advisors exclusively presents a 20,581 sf T 6 8 0 zoned assemblage on Douglas Road, at the edge of Coral gables. Three fully rented mixed use buildings producing $18,000 a month. 70 Units possible with live local in a 120k sf, 12 story building with rooftop pool and three levels of parking (75 units with one level of underground parking). By right, 42 units are feasible in a 96k sf 8 story building with a rooftop pool deck and three levels of parking (55 units with one level of underground parking). Available on its own or with the block to the south. T 6 8 0 is the most desirable mid rise zoning in City of Miami, allowing for apartments, storage, retail, office. Two blocks away is the Coral Gables hospital so it would be a suitable site for medical as well. Seller would be open to staying as an anchor tenant in a new medical tower.
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Property Location
Listing Office: Synergy Realty Advisors
Listing Agent: Andros Sarduy

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