Description
For sale: A development site located at the corner of Coral Way and 14th Avenue. The property features a 2,218 sq. ft. Vacant office building, which includes nine offices, three bathrooms, a kitchen, a workroom, and several storage closets. There are 25 parking spaces available on-site. This site is situated in the City of Miami, with a total land area of 12,291 sq. ft. It is zoned T6-80 Urban Core under the Miami 21 zoning code, allowing for up to 42 units and a maximum of eight stories. Potential uses for this property include condominiums, offices, hotels, and apartment rentals. Coral Way serves as a key corridor between Brickell Avenue and Coral Gables and is in proximity to Coconut Grove. The area is experiencing significant development, with multimillion-dollar twin homes being built in nearby streets, a 5-star boutique hotel under construction less than a block away, and additional residential high-rise condominiums planned in the vicinity. This location offers convenient access, avoiding the congestion and traffic commonly found on Brickell Avenue and West Brickell.
Details
| MLS # | A12054018 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 47 |
| Listing Provided By | Compass Florida, LLC | Orlando Abella |
Features
| Zoning | 6100 |
|---|---|
| Acreage | 0.28 |
Taxes
| Tax Annual Amount | 34294 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 40 |
| Community Name | EAST SHENANDOAH |
| Listing VS Median (in EAST SHENANDOAH) | |
Price: $4,400,000 low | high Med: $6,500 On site: 47 low | high Med: 18 | |
Market Activity 33145
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33145 |
| Area | 40 |
| Community Name | EAST SHENANDOAH |
| Listing VS Median (in EAST SHENANDOAH) | |
Price: $4,400,000 low | high Med: $6,500 On site: 47 low | high Med: 18 | |
