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3850 S Dixie Hwy - Coconut Grove Triangle Redevelopment Site
0.68 Acres of Commercial Land Offered at $7,950,000 in Miami, FL 33133
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INVESTMENT HIGHLIGHTS
- The property is proximate to our metro-rail system, buses, and the new Miami Underline.
- Opportunity Zone Designated
- Perfect for Apartments/Condos/Hotel/Offices/Shops. Close to airport, Coral Gables, Grove, Downtown, Dadeland.
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
Price | $7,950,000 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
Sale Condition | Redevelopment Project | Total Lot Size | 0.68 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | $7,950,000 |
Sale Type | Investment |
Sale Condition | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 0.68 AC |
Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
Price | $7,950,000 | Lot Size | 0.68 AC |
Price Per AC | $11,682,809.52 |
Price | $7,950,000 |
Price Per AC | $11,682,809.52 |
Lot Size | 0.68 AC |
400 FT US1 Frontage. Liberal Zoning T6-8/T5. Potential to increase to T6-12 Metrorail station directly across the street. Perfect for Apartments/Condos/Hotel/Offices/Shops. Close to airport, Coral Gables, Grove, Downtown, Dadeland.
DESCRIPTION
Prime redevelopment site located at 3850 South Dixie Highway in the southern part of the Coconut Grove submarket. This coveted parcel is 29,642 square foot site is ideally suited for a higher and better use through the opportunities afforded to a developer by Miami 21 T-6-8 O zoning and opportunity zone incentives. Property has.400 Feet of frontage on US1. Liberal Zoning T6-8/T5. Potential to increase to T6-12. Metrorail station directly across the street. Perfect for Apartments/Condos/Hotel/Offices/Shops. Close to airport, Coral Gables, Grove, Downtown, Dadeland. Multi-Use Highest and Best. Survey Available.
PROPERTY TAXES
Parcel Number | 01-4120-000-0060 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,315,033 |
PROPERTY TAXES
ZONING
Zoning Code | T6-8/T5 (Mixed-Use) |
T6-8/T5 (Mixed-Use) |
Presented by
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3850 S Dixie Hwy - Coconut Grove Triangle Redevelopment Site
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