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2340 SW 32nd Ave, Miami FL 33145

Commercial For Sale
$15,920,000

BTC: 250.70471331

ETH: 4,941.55187077

-$575K (2024/02/19)
91 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Introducing the rare opportunity to acquire over 1.6 acres of covered land ripe for re-development in the ultra-prime Coral Gables sub-market of Miami. Boasting a highly efficient layout with T6-8-O zoning on the majority of the assemblage, the site allows for 167 units by-right and is ideal for a mid-rise project of varying uses (i.e. mixed-use, multi-family, condo, office, hotel, and more). On top of all of that, the sale includes a nearly 18,000 Sq. Ft. banquet hall and catering kitchen Renaissance at the Gables, and a 2,300 Sq. Ft. duplex that are well-maintained and operational. This allows a developer the flexibility to either develop immediately or play the long game as a covered-land opportunity.

Location

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
1.60 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 1.60 Acres

    Other Property Information

    • Parcel Number: 01-41-16-009-3710

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $67,186

  • Source details

    • MLS ID: A11522025

    Other facts

    • Lot Features: City Location / Corner Location / Corner Lot / 1-2.5 Acres

    • Water Source: Municipal Water

    • Lot Size Dimensions: 323x223

    • Subdivision Name: AMND MIAMI SUBURBAN ACRES

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Alpha Commercial Advisors LLC