TOD Live Local 27th Ave Grove Central TOD Ofc Bldg Miami FL 33133 MLS #A11481158

TOD Live Local 27th Ave Grove Central TOD Ofc Bldg
Miami, FL, 33133
$5,300,000
Beds
0 Baths
SqFt
0.41 Acres
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**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.

Property Details

Price:
$5,300,000
MLS #:
A11481158
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
City:
Miami
Listed Date:
Nov 4, 2023
State:
FL
ZIP:
33133
Lot Size:
18,000 sqft / 0.41 acres (approx)
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Financial

Buyer Agent Compensation
1.5%%
Tax Year
2023
Taxes
$60,662

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