Category: Mixed-Use
Price:$6,500,000
Location: Miami, FL
Year Built: 1940
Days on Market: 77
Description:
Prime redevelopment opportunity in the City of Miami consisting of a five-parcel assemblage offered for sale together. The two parcels fronting SW 37th Avenue are zoned T6-8-O under the Miami 21 zoning code, allowing for mixed-use development. The three additional parcels on SW 25th Terrace are zoned T3-O, suitable for low-density residential use. All parcels are currently occupied under short-term leases (except for 3681 SW 25th Terrace, which is a vacant lot), providing flexibility for immediate or phased redevelopment. With dual frontage, high visibility, and a strategic location in a rapidly evolving area, this assemblage presents an outstanding opportunity for investors or developers seeking scale and zoning versatility in the Miami market.
5-parcel assemblage in Miami with T6-8-O & T3-O zoning. Short-term leases in place. Great mixed-use redevelopment opportunity. Sold together only.
Listing Code: 1119394721