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Lots and Land: MLS #A11777458 Miami, FL $ 3,000,000
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$ 3,000,000 Get more info
Lots and Land: MLS #A11777458
$ 3,000,000
Back to search
Share Save

Lots and Land: MLS #A11777458

Miami, FL, 33133
$ 3,000,000
Baths0.0

Monthly Estimate*

$ 18,716

MLS #/Web ID: A11777458 - Image 1
MLS #/Web ID: A11777458 - Image 2
MLS #/Web ID: A11777458 - Image 3
MLS #/Web ID: A11777458 - Image 4
MLS #/Web ID: A11777458 - Image 5
MLS #/Web ID: A11777458 - Image 6
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Studio

Lots and Land for sale in Miami, FL

for $3,000,000. The lot size is 0.3.

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.

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Lots and Land Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,927

Style

Lot Size

0.3

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11777458
Features
General
Sewer Other
Utilities Cable Available Electricity Available Other Phone Available Sewer Available Water Available
Possession Closing & Funding
Property Subtype Residential
Tax Year 2024
Current Use Other
Additional Parcels Description 01-41-16-037-0311
County Miami-Dade
Property Type Land
Subdivision Name SYLVANMERE
Status Active
City Miami
Zoning Description 3901
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 13200
Tax Annual Amount 21927
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11777458
Standard Status Active
Property Sub Type Additional Residential
Legal Description SYLVANMERE RE-SUB PB 41-29 LOT 12 BLK 5 LOT SIZE 60.000 X 110 OR 18131-1519 0598 5
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Interior
Total Baths 0
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Exterior
Lot Features <1 Acre
Water Source Public
Lot Size Area 13200
Lot Dimensions 120x114
Lot Size Acres 0.3
Waterfront Y/N false
Covered Spaces 0
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Re/Max 360 Real Estate

Broker

aduarte@magiccityinvestments.com

Email

Affordability Calculator

$20,543
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$1,827
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/31/2025 $3,000,000 Listed Price

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