Property
| Ownership: | For Sale |
|---|---|
| Type: | Residential |
| Lot Size: | 1.4 Acres |
Financials
Price:$6,700,000
Annual Taxes:$12,191
Listing Courtesy of Compass Florida, LLC
Exceptional 1. 44 Acre 62, 850 SF development opportunity in Continental Park.
Description
Exceptional 1.44-Acre (62,850 SF) development opportunity in Continental Park. Rare chance to acquire strategically located land in one of Miami’s most established and desirable neighborhoods. The property is currently under application for a proposed 79 unit residential development with 81 parking spaces and benefits from RM-D zoning (36 units per acre), Workforce Housing provisions, Smart Corridor Plan incentives, and Administrative Site Plan Review. Existing water and sewer infrastructure is in place, creating significant development efficiencies. The approval process is anticipated to be streamlined, with no public hearing currently required, while deletion of the existing declaration is underway. Ideally positioned just two blocks from Baptist Hospital’s Main Campus, one of South Florida’s largest healthcare and employment centers, the site is well-suited for workforce, multifamily, and attainable housing. Residents enjoy immediate access to US-1, SR-878, Florida’s Turnpike, and SR-826, plus proximity to Dadeland, Coral Gables, Pinecrest, Coconut Grove, and Downtown Miami. Located within a mature residential setting known for oversized homesites and long-term desirability, this offering presents a compelling investors, and joint venture groups seeking to capitalize on Miami-Dade County’s growing housing demand. Development sites combining location, infrastructure readiness, entitlement potential, and access to major employment hubs are increasingly scarce.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11979136
Amenities
- BuyerApprovalRequired
- ElectricityAvailable
- NotApplicable
- Other
- QuarterToHalfAcreLot
- 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.