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Other Land - SYLVANMERE for Sale

LITTLE BLUESTEM, MIAMI, FL 33133

Asking Price$3,000,000

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  • Days on market:

    6 day(s)
  • Original Price:

    $3,000,000
  • Tax Legal Description:

    SYLVANMERE RE-SUB PB 41-29 LOT 12 BLK 5 LOT SIZE 60.000 X 110 OR 18131-1519 0598 5
  • Tax Year:

    2024
  • Property Type:

    Land
  • Waterfrontage (sqft):

    120
  • Lot Features:

    City Location Less Than 1 Acre

Description

$3,000,000

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.

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