Basic Information
- MLS # A11777458
- Type Residential Land/Boat Docks
- Subdivision/Complex Sylvanmere
- Total Sqft 13,200
- Date Listed 04/04/2025
- Days on Market 85
Prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 13,200Sq.Ft
- Sqft 13,200 Sq.Ft
Property Features
- Aprox. Lot Size 13,200
- Furnished Info No
- Lot Description Less Than One Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Sylvanmere
- Tax Amount $21,927
- Tax Year 2024
2945 SW 27th Ln
Miami, FL 33133Similar Properties For Sale
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