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Other Land - AMND MIAMI SUBURBAN ACRES for Sale

2340 SW 32ND AVE, MIAMI, FL 33145

Asking Price$15,920,000 Change Price$575,000

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  • Days on market:

    32 day(s)
  • Original Price:

    $16,495,000
  • Tax Legal Description:

    PB 4-73 AMND PLAT OF MIAMI SUBURBAN ACRES LOT 1 LESS EXT AREA OF CURVE IN NE COR & ALL OF LOTS 2-3-39 & LOT 40 LESS EXT AREA OF CURVE IN SE
  • Tax Year:

    2024
  • Property Type:

    Land
  • Waterfrontage (sqft):

    323
  • Lot Features:

    City Location 1-2.5 Acres Corner Location Corner Lot

Description

$15,920,000

Introducing the rare opportunity to acquire over 1.6 acres of covered land ripe for re-development in the ultra-prime coral gables sub-market of miami. boasting a highly efficient layout with t6-8-o zoning on the majority of the assemblage, the site allows for 167 units by-right and is ideal for a mid-rise project of varying uses (i.e. mixed-use, multi-family, condo, office, hotel, and more). on top of all of that, the sale includes a nearly 18,000 sq. ft. banquet hall and catering kitchen renaissance at the gables, and a 2,300 sq. ft. duplex that are well-maintained and operational. this allows a developer the flexibility to either develop immediately or play the long game as a covered-land opportunity.

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