3210 E Elizabeth Street, Miami, FL 33133

$1,875,000
1,492
SqFt

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List Price
$1,875,000
MLS#
A11839361
Sq. Ft
1,492
Lot Dimensions
6000
Subtype
Duplex
County
Miami-Dade
Subdivision
Frow Homestead
Region
2410
Year Built
1948

Property Description

Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.

Additional Information

Heating
Electric, Separate Meters
Cooling
Electric
Roof
Other
Parking Spaces
4
Flooring
Tile, Wood
Construction
Block
Living Area
1,492
Elementary School
Frances S. Tucker
High School
Coral Gables

Listing courtesy of Avanti Way Realty LLC. Contact:

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