Land – 10,000 Square Foot Lot in Coral Gables, FL – Unique Land Banking Opportunity

Category: Land - Commercial Zoned

Price:$3,000,000

Location: Coral Gables, FL

Year Built: 1921

Days on Market: 15

Description:

Unique opportunity in Coral Gables, Florida to own a 10,000 square foot lot on Southwest 8th Street and 37th Avenue. Please note, this parcel is being offered at an attractive price as it is subject to a land lease with 21 years remaining. This is an excellent opportunity for anyone looking for future development opportunities without any carrying costs as you can land bank and lock in today's price at a substantial discount to future pricing. PLEASE DO NOT DISTURB THE TENANTS, all inquires should go through our office.

Unique opportunity to land bank 10k sq ft lot on SW 8th Street and 37th Ave in Coral Gables *subject to terms of land lease, 21 yrs remaining.

Listing Code: 1118843389