This is the Best Development Opportunity or Income Producing Property Opportunity in the heart of Coconut Grove! This amazing duplex with 2378 sqft of living area and a Lot of 6750 sqft already have an unit well rented with great tenant but can be vacant if you prefer to. Because the area is changing fast this property can be ideal for someone looking to buid a brand new Luxury Duplex or Townhouse wish will give you to much profit, you can ease to build couple of properties of about 1800 sqft each with a estimated build cost of $1.35M per unit and the resale comps in the area are $1.7M+ range offer strong profit for developers. Utilities at street. The best location near parks, shops, schools, and dining and beach. Drive-by; do not disturb tenants. Showings will be scheduled for serious buyers only.

Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11994205