
The property consists of a 7,000 square-foot 0.16 acre parcel zoned T5 O, currently improved with a 1,443 square-foot single-family residence. The zoning allows for immediate, as of right development of up to 10 residential units or a boutique office concept, offering investors the ability to execute on a variety of high demand product types. In the interim, the existing structure provides the ability to generate income and offset carry costs during the entitlement and planning phase. Positioned...The property consists of a 7,000 square-foot 0.16 acre parcel zoned T5 O, currently improved with a 1,443 square-foot single-family residence. The zoning allows for immediate, as of right development of up to 10 residential units or a boutique office concept, offering investors the ability to execute on a variety of high demand product types. In the interim, the existing structure provides the ability to generate income and offset carry costs during the entitlement and planning phase. Positioned within a rapidly evolving corridor with strong population growth, increasing rental demand, and proximity to Coral Gables' core amenities, this offering presents a compelling opportunity to capitalize on a fundamentally strong location with limited comparable development sites.
View MoreCourtesy of
Agency Name: FlatFee.com
Agency Phone: 954-965-3990
Agent Name: Cliff Glansen
Presented by
Agent Name: Patrick Ryan
Agent Phone: 631.766.4549
Agency Title: The Keyes Company
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975 SW 37th Avenue, Miami, FL 33135.
Email 975 SW 37th Avenue, Miami, FL 33135
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