Overview
- Updated On:
- June 20, 2024
Description
Prime redevelopment opportunity centrally located between Little Havana, Coral Gables, & Coconut Grove along bustling SW 27th Ave. This 5 parcel assemblage totals more than 30,800 sq ft or .70 net acres with a mixture of zoning allowances: T6-8-O plus T4-L and spans from SW 11th St to SW 12th St. The assemblage has approx. 190 ft. of frontage along SW 27th Ave and 150 of frontage on SW 12th St. This income-producing property grosses over $300k per year, w/short leases in place. Take advantage of this great opportunity to construct your signature building in one the hottest markets in the country. Also great for Owner-Users looking to expand into a larger space w/room to grow. Keep the extra land for parking or future development or sell it off to lower your cost basis. Financing Available.
- Principal and Interest
- Property Tax
- HOA fee
