Basic Information

  • MLS # A11707384
  • Type Residential
  • Status Active
  • Subdivision/Complex Sylvanmere
  • Total Sqft 13,200
  • Date Listed 12/10/2024
  • Days on Market 149
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 13,200Sq.Ft
  • Sqft 13,200 Sq.Ft

Property Features

  • Address 2945 SW 27th Ln
  • Aprox. Lot Size 13,200
  • City Miami
  • County Miami- Dade
  • Direction Faces South
  • Furnished Info no
  • Listing Terms Cash
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Sylvanmere
  • Tax Amount $21,927
  • Tax Legal desc S Y L V A N M E R E R E- S U B P B41-29 L O T12 B L K5 L O T S I Z E60.000 X110 O R18131-151905985
  • Tax Year 2023
  • Terms Considered Cash
  • Type of Property Residential

2945 SW 27th Ln

Miami, FL 33133

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