Description
Two-block assemblage totaling 1.26 acres at the edge of coral gables for sale, directly across from the to-be-renovated douglas park and near coral gables hospital. the site consists of 1.14 acres zoned t6-8-o and a 0.12 acre t3-o lot, allowing 172 units by right, with potential for additional height and density through workforce housing incentives. located half a mile from the link at douglas development. current uses include a specialty medical center (owner-occupied), a multifamily generating $12,000/month, and three mixed-use buildings producing $18,000/month. seller may lease back the medical center, bringing projected monthly income to $50,000. rezoning the t3-o lot could unlock additional development flexibility, including live local act opportunities. seller financing available.
Property Type
LandSubdivision
Douglas ManorCounty
Miami-DadeStyle
LandAD ID
49771778
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Property Details
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Property / Lot Details
Lot Information
- Lot Dimensions: 450x150
- Main Square Feet: 55207
Property Information
- Subdivision: DOUGLAS MANOR
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Listing Information
Listing Price Information
- Original List Price: $16000000
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Taxes / Assessments
Tax Information
- Annual Tax: $109660
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School, Utilities & Location Details
Utility Information
- ElectricityAvailable,SewerAvailable,TrashCollection,WaterAvailable
Location Information
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BuyOwner last updated this listing 05/19/2025 @ 03:43
- MLS: A11761030
- LISTING PROVIDED COURTESY OF: Andros Sarduy, Synergy Realty Advisors
- SOURCE: SEFMIAMI
is a Land, with bedrooms which is for sale, it has 0 sqft, 55,207 sized lot, and 0 parking. are nearby neighborhoods.