Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.4 Acres |
Financials
Price:$7,000,000
Annual Taxes:$19,328
Listing Courtesy of Compass Florida, LLC.
Exceptional opportunity to purchase a prime redevelopment site just steps from Coral Gables on a corner lot.
Description
Exceptional opportunity to purchase a prime redevelopment site just steps from Coral Gables on a corner lot. Under Florida's Live Local Act, this site can accommodate up to 369 units and a 12-story structure. Currently configured as a restaurant, the property is in excellent condition and offers flexible potential for retail, medical, office, or boutique residential use. The offering includes a 2,698 SF building on 16,084 SF of total land across 2 folios—a 10,384 SF main lot and a 5,700 SF adjacent parcel for parking. Located near Miracle Mile, Coral Gables Plaza, and the Loews Hotel, with superb walkability and close proximity to Brickell, Coconut Grove, MIA, US-1, and SR 836. Surrounded by condos, offices, and cultural amenities—this is a rare opportunity in a prime urban corridor.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11817311
Amenities
- ElectricityAvailable
- LessThanOneAcre
- Other
- SewerAvailable
- WaterAvailable
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
