,Residential, Sylvanmere for Sale

for Sale

Price $3,000,000.00

• Lot size 13200
• Year Build
• Waterfront
• Zip 33133
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

2945 SW 27LN Currently rented ( $4200.00 MTM), 2935 SW 27LN (DUPLEX) Do NOT disturb tenants ( Currently Rented 2935 SW 27 $1800 a Month | & 2937 SW 27 LN $2850

SYLVANMERE RE-SUB PB 41-29 LOT 12 BLK 5 LOT SIZE 60.000 X 110 OR 18131-1519 0598 5

No Misc/Improvements

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.

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7400787,List Price:3000000,Listing Id:A11707384,Longitude:-80.24161,Mls Status:Active,Utilities:1:Electricity Connected,2:Other Utilities Available,3:Phone Connected,4:Sewer Connected,5:Water Connected,Current Use:1:Other Usage,Postal Code:33133,Coordinates:1:25.7400787,Photos Count:6,Building Name:SYLVANMERE,Lot Size Acres:0.3,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Sylvanmere,On Market Date:2024-12-10,Parcel Number:01-41-16-037-0310,Property Type:Land/Boat Docks,Public Remarks: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.,County Or Parish:Miami-Dade County,Direction Faces:South,Documents Count:2,List Office Name:RE/MAX 360 Real Estate,Private Remarks:2945 SW 27LN Currently rented ( $4200.00 MTM), 2935 SW 27LN (DUPLEX) Do NOT disturb tenants ( Currently Rented 2935 SW 27 $1800 a Month | & 2937 SW 27 LN $2850,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3022,Property Sub Type:Residential,State Or Province:FL,Subdivision Name:SYLVANMERE,Tax Annual Amount:21927,Unparsed Address:2945 SW 27th Ln, Miami FL 33133,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Square Feet:13200,Original List Price:3000000,Public Survey Range:41,Documents Available:1:Copies Of Lease(S),I D X Participation Y N:1,Syndication Remarks: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.,Additional Parcels Y N:1,Listing Contract Date:2024-12-10,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Call Listing Office,Street Number Numeric:2945,Tax Legal Description:SYLVANMERE RE-SUB PB 41-29 LOT 12 BLK 5 LOT SIZE 60.000 X 110 OR 18131-1519 0598 5,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:The property abuts the underline directly to the South.,Contract Status Change Date:2024-12-10,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,