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2935 SW 27th Ln
Miami, FL 33133

$3,000,000 USD

Land For Sale  •  0.31 AC

Property Details

  • Property Type Land
  • Lot Size 0.31 AC
  • Zoning T 4L
60 Transit Score
86 Walk Score

Description

RE/MAX 360 proudly presents a prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE".
The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land.The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building.
The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements.
The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.

Highlights

Within TOD
Across Grove central station and Coconut Grove
Live Local allows up to 60 doors

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Douglas Road (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Miami International 23 min - 11.1 mi
Fort Lauderdale/Hollywood International 39 min - 27.2 mi
Billy Planes 305-772-8513 RE/MAX 360 Real Estate
Billy Planes 305-772-8513 RE/MAX 360 Real Estate