Coral Gables, FL 33134

Property

Ownership: For Sale
Type: Duplex

Financials

Price:$3,000,000
Annual Taxes:$10,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Real Estate Sales Force

Prime Redevelopment Opportunity in the Heart of Coral GablesLocated on one of Coral Gables' most desirable streets, a rare opportunity for homeowners, builders, and investors alike.

    Description

    Prime Redevelopment Opportunity in the Heart of Coral GablesLocated on one of Coral Gables' most desirable streets, a rare opportunity for homeowners, builders, and investors alike. Currently improved with a duplex, this exceptional property offers multiple paths to maximize its value.Whether you envision creating a spectacular custom estate or pursuing a profitable development project, this property provides the flexibility to bring your vision to life.The existing structure can serve as the foundation for a luxury custom residence, allowing a buyer to significantly reduce construction time while creating a one-of-a-kind home. For developers, the property also offers the opportunity to subdivide the lot into two separate parcels, creating the potential to build two luxury townhomes—one on each lot—for resale. Perfectly positioned near Miracle Mile, the University of Miami, premier schools, fine dining, shopping, golf courses, and Miami International Airport, the property combines an exceptional location with tremendous development potential.

    Amenities

    • Cable Not Available

    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.