Prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.
Property Type(s):
Lot/Land/Acreage
|
Last Updated
|
4/4/2025
|
Tract
|
SYLVANMERE
|
|
Year Built
|
0
|
Community
|
41
|
|
County
|
Miami-Dade
|
Additional Details
| AREA |
41 |
| LOT |
0.3 acre(s) |
| LOT DIMENSIONS |
120x114 |
| SEWER |
Other |
| SUBDIVISION |
SYLVANMERE |
| TAXES |
21927 |
| UTILITIES |
Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available |
| WATER |
Public |
| ZONING |
3901 |
Listed with RE/MAX 360 Real Estate
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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