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Miami, Florida

$5,100,000Active

Miami, Florida 33133
- MLS® ID: A10270946

Property Details

Miami, Florida 33133 - Wow vacant land in the heart of Coconut Grove! Amazing opportunity for a wise investor to develop in the heart of Coconut Grove. The Grove is back and undergoing a revitalization stage. There are investor already investing in the Grove. Don't let this opportunity slip away. Coco Walk is undergoing a redesign to include state of the art offices. The Grove is in line to become the next major business district in South Florida. Lot is already approved for a mixed use building up to 5 stories above grade and 2 stories below grade. SD-2 Zoning.We already have different possible development scenarios that all give great CAP rates of 9.0% or above.Not only will you have income generated from your office building but ca charge for parking as parking is a limited resource in the Grove.

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Amenities

  • Zip33133
  • CountyMiami-Dade
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning type6101
  • Lot size7167
  • SewerNone
  • Tax amount$6,818.00
  • Tax year2016
  • MLS® IDA10270946

Listing Courtesy of 247 RealtyPRO

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