Address
2340 SW 32nd Ave, Miami, FL
Price
$ 15,920,000
Property Attributes
  • MLS#A11522025
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area21
  • NeighborhoodAMND MIAMI SUBURBAN ACRES
  • Zip33145
  • Style
  • Taxes$ 67186
  • Price$ 15,920,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.6 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

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.

Price History
1/26/2024 Listed $16,495,000
2/19/2024 4% - $15,920,000

General Features

Sewer PublicSewer
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable
Possession CloseOfEscrow
Tax Year 2024
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name AMND MIAMI SUBURBAN ACRES
Garage Y/N No
Status Active
Directions Conveniently located,the property sits just two blocks to the south of highly trafficked Coral Way (SW 22nd Street) three blocks east of Douglas Road,and about ½ mile from the main Miracle Mile retai
City Miami
Buyer Agent Compensation 1.5%
View Y/N No
Senior Community Y/N No
Zoning Description 6100
MLS Area 21
Lot Size Square Feet 70023.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 32nd Ave
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 67186.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11522025
Days on Market 32
Standard Status Active
MobileHomeRemainsYN No
PostalCity Miami
Legal Description PB 4-73 AMND PLAT OF MIAMI SUBURBAN ACRES LOT 1 LESS EXT AREA OF CURVE IN NE COR & ALL OF LOTS 2-3-39 & LOT 40 LESS EXT AREA OF CURVE IN SE

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 70023.0
Spa No
Lot Dimensions 323x223
Lot Size Acres 1.6
Lot Size Units SquareFeet
Covered Spaces 0.0
Road Frontage Type MainThoroughfare
Number of Lots 6
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33145

Price
AVG $4.08M
$15.92M
Taxes
AVG $18,737
$67,186
Visits
AVG 194
111
Data Provided by Inside Real Estate®

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