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.


Property

Website:https://www.nestseekers.com/5648265
Address:
Coral Gables, FL 33134
Ownership: For Sale
Type: Duplex

Financials

Price:$3,000,000
Annual Taxes:$10,000

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

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Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Real Estate Sales Force

Coral Gables FL 33134 USA