Exceptional redevelopment opportunity in the highly sought-after Biscayne Gardens neighborhood! Situated on an oversized 20,479 sq. ft. multifamily-zoned lot, this property presents an outstanding opportunity for developers, builders, and investors seeking their next project. The existing structure is being offered primarily for land value, making it an ideal candidate for… Read More redevelopment.Conceptual renderings included in the listing photos showcase one vision of the site's potential. With multifamily zoning, generous lot size, and strong demand for new housing in the area, this property offers significant upside for those looking to maximize its highest and best use. Luxury homes in the surrounding neighborhood have sold for as much as $3 million, highlighting the area's continued growth and redevelopment potential.Ideally located near major highways, shopping, dining, schools, parks, this prime location further enhances the property's long-term investment appeal. Large multifamily development sites in Miami are becoming increasingly scarce, making this a rare opportunity to secure a substantial parcel in one of Miami's evolving neighborhoods. Buyer to independently verify zoning, density, permitted uses, and development potential with the appropriate municipal authorities. Read Less
Courtesy of Lifestyle International Realty 305-809-8085
Listing Snapshot
Days Online
52
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,682
Year Built
1941
MLS Number
A12056612
30 Days Snapshot Of 33162
$266k
+36%
(avg) sold price
2
-71%
homes sold
129
-46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1941, Living area: 1682, Construction materials: Frame, Toal building area: 1697
Cooling
Central Air
Fence
Fenced
Heating
Central
Lot
Room for Pool
Property
Zoning: 0100
Sewer
Septic Tank
Taxes
Annual amount: $7,684
Utilities
Cable Not Available
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