1866 SW 25th Ter - Commercial LAND FOR SALE


Miami, FL 33133 5,184 SF
$1,400,000 USD
305-602-0360
1866 SW 25th Ter, Miami, FL for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/7
5,184 SF

1866 SW 25th Ter
Miami, FL 33133


HIGHLIGHTS

  • Along UNDERLINE
  • Between Coconut Grove & Brickell
  • Within the TOD
  • T5-R zoning | 65 units per acre
  • Delivered w approved plans

OVERVIEW

The lots benefit from favorable T5-R zoning, which allows for development density of 65 units per acre "by right”. The property sists in the TOD (transit orient development boundary) allowing for even greater density and intensity. The property is currently a single-family home in the "Natoma Park" subdivision. The median listing home price in Natoma Park was $1.5M in December 2022, trending up 22% year-over-year. The median listing home price per square foot was $613. The existing property is 2,100 ft on a 5,200 ft lot. The property abuts the underline directly to the South. In our analysis, the highest and best use is as a redevelopment for either two upscale twin homes or four-row house townhomes. The underline will experience new development and revitalization. Land Size: 0.5200 Zoning: T 5-R Parcel ID: 01-4115-026-0611 To be delivered with Approved Plans.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$11,763,889/AC

PRICE/SF

$270 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.12 AC

LAND SF

5,184 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T 5 O

APN/PARCEL ID

01-4115-026-0611

ASK ABOUT THIS PROPERTY

Agustin DuarteReMax 360More Info
305-602-0360

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Agustin DuarteReMax 360More Info
305-602-0360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.