Property

Ownership: For Sale
Type: Duplex
Pets: Pets No

Financials

Price:$1,990,000
Annual Taxes:$14,098
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Avanti Way Realty LLC

Description

Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost ~$200/SF; projected all-in cost per townhome ~$1.3M. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Survey and conceptual plans available. Lot may be split—buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive by only—do not disturb tenants. Showings will be scheduled for serious buyers only.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Neighborhood

More listings:

Rare development opportunity in the heart of Coconut Grove !


    Long Island MLS

    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.