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1866 SW 25th Ter
Miami, FL 33133
Land For Sale
·
0.12 AC
Executive Summary
Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.
Property Facts
1 Lot Available
Lot
| Price | $2,189,440 CAD | Lot Size | 0.12 AC |
| Price Per AC | $18,397,418.36 CAD |
| Price | $2,189,440 CAD |
| Price Per AC | $18,397,418.36 CAD |
| Lot Size | 0.12 AC |
Land Size: 0.5200 Zoning: T 5-R Parcel ID: 01-4115-026-0611 To be delivered with Fully Approved Plans.
Description
PROPERTY HIGHLIGHTS Folio: 01-4115-026-0611 Sub-Division: NATOMA PARK Primary Zone: T5R 3 Beds / 2 Baths Floors: 1 | Living Units: 1 Actual Area: 2,183 Sq. Ft Living Area: 1,561 Sq. Ft Lot Size: 5,200 Sq. Ft LOCATION HIGHLIGHTS Along UNDERLINE Between Coconut Grove & Brickell Within the TOD T5-R zoning | 65 units per acre SITE DETAIL Land Size: 0.5200 Zoning: T 5-R Parcel ID: 01-4115-026-0611 To be delivered with Approved Plans.
Property Taxes
| Parcel Number | 01-4115-026-0611 | Improvements Assessment | $213,372 CAD |
| Land Assessment | $447,868 CAD | Total Assessment | $661,239 CAD |
Property Taxes
Parcel Number
01-4115-026-0611
Land Assessment
$447,868 CAD
Improvements Assessment
$213,372 CAD
Total Assessment
$661,239 CAD
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