Contacts

Agustin Duarte CCIM

Agustin Duarte - REMAX Commercial

Property Details

Property Type VacantLand
Property Size 5,200 SF
Units 65
Lot Size 0.12 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Building Class B
Year Built 2025
Year Renovated 2010
Date Updated Dec 7, 2024

Along UNDERLINE Between Coconut Grove & Brickel Within the TOD T 5 R zoning / 65 units per acreThe opportunity consists of redevelopment of the existing $5400.00 monthly and redeveloping two luxury townhomes 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. Being sold with approved plans.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Delivered with approved plans
Seller Financing Available
Covered land play
Current GI $67,200.00
“Seller to pay buyers rep commission”
Plans for (2) twin homes.
(2) 4 bed, 3.5 bth double garage
Underline Phase 2
Natoma subdivision

Getting around

62/100
Walk Score ®
48/100
Transit Score ®
79/100
Bike Score ®

Powered by Walk Score ®

Location

City Miami, FL
Neighborhood Silver Bluff
Zip Code 33133
Market Miami

Points of Interest

Brickell City Centre

2.54 miles
MiamiCentral

2.89 miles
Miami Airport

4.12 miles
Miami Intermodal Center

4.17 miles
MIA Station

4.74 miles
Gates E2-E11

4.85 miles
Hialeah Market

5.03 miles
Gates E20-E35

5.04 miles
4

5.16 miles
Miami

7.50 miles

Marathon

0.42 miles
Westar

0.47 miles
UGas

0.49 miles
Valero

0.91 miles
Shell

0.94 miles
U Gas

1.40 miles
BP

1.42 miles
Chevron

1.42 miles
ChargePoint Charging Station

3.58 miles
ChargePoint

4.65 miles

Boat

0.91 miles
Lot 72

1.08 miles
Dinner Key Marina Parking

1.40 miles
Cocowalk Parking

1.53 miles
Extended Stay America Hotel Parking Lot

1.95 miles
Parking for Barnes & Noble

2.06 miles
First Base Garage

2.19 miles
Center Field Garage

2.21 miles

Hampton

1.01 miles
Courtyard Miami Coconut Grove

1.17 miles
Residence Inn Miami Coconut Grove 3

1.29 miles
Residence Inn Miami Coconut Grove

1.31 miles
The Ritz-Carlton Coconut Grove, Miami

1.32 miles
Residence Inn Miami Coconut Grove 2

1.34 miles
Hilton Garden Inn

1.39 miles
Casa Trinidad at #1

1.41 miles
San Juan Motel

1.50 miles
Mayfair House Hotel & Garden

1.52 miles

Target

0.90 miles
Publix

0.93 miles
Big Lots

0.95 miles
Sprouts Farmers Market

1.00 miles
The Fresh Market

1.15 miles
Milam's Market

1.35 miles
Presidente Supermarket

1.43 miles
Winn-Dixie

1.48 miles
CocoWalk

1.56 miles
Sears

1.81 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.