Active
2340 SW 32nd Ave
Miami FL, 33145
$15,920,000
$227.35 per sqft
Active
1.61 Acres
Land
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.
A11522025
MLSⓇ ID
January 18, 2024
Listed
September 2, 2024
Updated
Map
2340 SW 32nd Ave
Miami FL, 33145
Exterior/Building Features
Lot Size
1.61 Acres
Lot Features
City Location, Corner Location, Corner Lot, 1-25 Acres
Sewer
Public Sanitation
Other Property Details
Area Name
Amnd Miami Suburban Acres
Taxes
$67,186
Tax Frequency
Annually
Days on Market
227
Garage
No
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
6100
Listing History
Date | Event | Price |
---|---|---|
2/19/2024 | Price change | $15,920,000 -4% |
Listed by: The Alpha Commercial Advisors LLC
Listing Contact: 201-264-0113
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Data last updated 7:09 PM UTC, 9/2/2024.