About this Property
This corner property offers a unique opportunity in a rapidly developing area. It is zoned as *T3-R, which allows for two units, and the large lot *15,120 sqft* makes it a strong candidate for *zoning upgrades*, with rezonings in nearby areas increasing by *15-20%*, often transitioning to higher-density classifications, which allows for more units & mixed-use development.
The property's *customization potential* is significant, with up to *50% lot coverage* permitted. The main house features *3 bedrooms, 2.5 bathrooms*, and a separate area that could be converted into *two independent units*, making it ideal for rental income or extended family, and proximity to *Coral Gables, Downtown/Brickell, and Coconut Grove* it makes the property a great place to live and a smart investment.
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Avanti Way Premiere.
