Price Reduced 3.49%


Price History

$16,495,000
1/18/2024

$15,920,000
2/20/2024


2340 SW 32nd Ave, Miami, FL, 33145

2340 SW 32nd Ave, Miami, FL, 33145

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.


Status:

Active

Type:

Lot / Acreage

Zoning:

6100

Subdivision:

AMND MIAMI SUBURBAN ACRES

Acreage:

1.6

Est. Taxes:

$67,186

Utilities

Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available

Days on Market:

32

MLS #:

A11522025


Community Info

School Info

Walk Score

Yelp



Listing courtesy of The Alpha Commercial Advisors LLC Phone: 305-697-7011