TOD Live Local 27th Ave Grove Central TOD Ofc Bldg

$5,300,000

TOD Live Local 27th Ave Grove Central TOD Ofc Bldg Glenvar Heights

14

Home61's Closings in

Glenvar Heights

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$60,662   (2023)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
198 days
$ /sqft
-
Type
other
Year Built
N/A
Unit
-
Zip Code
33133
Ref./MLS ID
A11481158

DESCRIPTION

"confidential offering- site address/full disclosures for qualified prospects only" substantially renovated freestanding building over 26k sq ft, on an 18k sq ft parcel + 36 parking spaces (19 covered).  This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.  E.  Create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).  Third floor corner suite 304 (3500 sf) just vacated end of 2023; remains vacant for owner-occupant.  Investor/developer (hold and redevelop up to 62k buildable sf/5 floors t5-o and in a tod with cash flows through shovel-ready).  200 units per acre, 0.  4 acres on the lot.  Optional stock sale for qualified prospects.  


Data is provided by Miami Board of Realtors.

Public transportation

SW 56 St & SW 72 Av
56
2 mins
SW 56 St & SW 74 Av
56
3 mins
SW 56 St & SW 69 Ct
56
5 mins
SW 56 St & Palmetto Expressway
56
7 mins

Nearby School In Glenvar Heights

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
10
South Miami Middle School
6-8
0.6 miles
5
South Miami Senior High School
9-12
0.6 miles
8
South Miami K-8 Center
PK-8
0.6 miles
8
Ludlam Elementary School
PK-5
1.2 miles
Listed on November 05, 2023 by Rainier S Leon from Real Estate Sales Force, this other is for sale. other for sale in Glenvar Heights listed at $5,300,000, Reference A11481158

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.