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In-PersonVirtual Tour
$ 7,000,000
Est. payment | /mo
2,698 SqFt
$ 7,000,000
Est. payment | /mo
2,698 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,698 sqft
Price per Sqft $2,594
MLS Listing ID A11816872
HOA Y/N No
Year Built 1959
Annual Tax Amount $19,328
Lot Size 0.369 Acres
Property Sub-Type Business
Property Description
Exceptional opportunity to purchase a prime redevelopment site just steps from Coral Gables on a corner lot. Under Florida's Live Local Act, this site can accommodate up to 369 units and a 12-story structure. Currently configured as a restaurant, the property is in excellent condition and offers flexible potential for retail, medical, office, or boutique residential use. The offering includes a 2,698 SF building on 16,084 SF of total land across 2 folios—a 10,384 SF main lot and a 5,700 SF adjacent parcel for parking. Located near Miracle Mile, Coral Gables Plaza, and the Loews Hotel, with superb walkability and close proximity to Brickell, Coconut Grove, MIA, US-1, and SR 836. Surrounded by condos, offices, and cultural amenities—this is a rare opportunity in a prime urban corridor.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Tax ID 01-41-16-009-2940
Acceptable Financing Cash, Owner May Carry, Other
Listing Terms Cash, Owner May Carry, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11816872
Listed by Compass Florida, LLC.
Nearby Locations
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Andrea Smith
Broker | License ID: 383400
5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States