2821 SW 27th Ter, Miami FL 33133
Description
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View on Map:2821 27th Ter, Miami, FL, Miami-Dade County, 33133
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Residences:Bedrooms
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Maintenance:TBD:
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Bed: -
Size square feet:sq.ft.
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Bath: -
Price:$3 400 000
2821 27th Ter, Miami, FL, Miami-Dade County, 33133
2821 SW 27th Ter, Miami FL 33133
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Description:
The offering is comprised of (2) contiguous investment properties totaling +/-10,000 feet of land. The lot(s) assemblage allows (73) units via Live Local on (8) floors eliminating parking. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T5-O 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 up to 100 units.
The offering is comprised of (2) contiguous investment properties totaling +/-10,000 feet of land. The lot(s) assemblage allows (73) units via Live Local on (8) floors eliminating parking. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T5-O 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 up to 100 units.
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