Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected… Read More all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. 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. Conceptual plans available for illustration purposes only. Read Less
Courtesy of Avanti Way Realty LLC 305-229-1146
Listing Snapshot
Days Online
336
Last Updated
Property Type
Duplex
Square Ft.
1,492
Year Built
1948
MLS Number
A11839361
30 Days Snapshot Of 33133
$535k
-76%
(avg) sold price
1
0%
home sold
31
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1948, Living area: 1492, Construction materials: "CBS", Toal building area: 1565, 2 total units
Cooling
"Electric"
Floors
"Tile", "Wood"
Heating
"Separate Meters", "Electric"
Property
Zoning: 5700
Taxes
Annual amount: $14,098
Utilities
"Cable Available", "Sewer Available"
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