1492 sqft | #A11839361
Description
Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost ~$200/SF; projected all-in cost per townhome ~$1.3M. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Survey and conceptual plans available. 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.
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- CountyMiami-Dade County
- SubdivisionFROW HOMESTEAD
- Property TypeMulti-Family
- MLS #A11839361
- MLS #A11839361
- Cost1990000
- Property SubtypeDuplex
- Structure TypeDuplex
- Sewer InformationOther
- Square Feet1492
- Year Built1948
- Stories2
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Frank Potamos (#3309816)
Listing Office: Avanti Way Realty LLC (#AVWY01)
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