Lots and Land: MLS #A11481158 Miami, FL $ 5,300,000
Lots and Land: MLS #A11481158
$ 5,300,000
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Lots and Land: MLS #A11481158

Miami, FL, 33133
$ 5,300,000
Baths0.0

Monthly Estimate*

$ 35,225

MLS #/Web ID: A11481158 - Image 1
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Studio

Lots and Land for sale in Miami, FL

for $5,300,000. The lot size is 0.41.

**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY* Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered). This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant. Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot. Optional stock sale for qualified prospects.

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Lots and Land Active

Price

$ 5,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 60,662

Style

Lot Size

0.41

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11481158

Features
General
Sewer PublicSewer
Utilities ElectricityAvailable Other SewerAvailable WaterAvailable
Possession CloseOfEscrow
Tax Year 2023
Current Use Other
County Miami-Dade County
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions The owner would rather not have the address on the market to not disturb the tenants. North of US-1 on 27th Ave. Contact listing agent for details.
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description T5-O
MLS Area 41
Lot Size Units SquareFeet
Lot Size Square Feet 18000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name TOD Live Local 27th Ave Grove Central TOD Ofc Bldg
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 60662.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11481158
Days on Market 108
Standard Status Active
Legal Description N/A
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Exterior
Lot Features Item1Acre
Water Source Public
Lot Size Area 18000.0
Spa N
Lot Dimensions 200x93
Lot Size Acres 0.41
Covered Spaces 0.0
Road Frontage Type MainThoroughfare
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Real Estate Sales Force

Broker

rsleon@resf.com

Email

Affordability Calculator

$40,281
Per Month
87%
13%
0%
Monthly Principal & Interest
$35,225
Monthly Property Taxes
$5,055
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$5,300,000 -5.27% Price Down
3/5/2024$5,595,000 -0.97% Price Down
11/5/2023$5,650,000 -7.38% Price Down
11/5/2023$6,100,000 Listed Price

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