Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Pets: | Pets Allowed |
FinancialsPrice: $11,200,000 Annual Taxes: $45,931
| Price: | $11,200,000 |
|---|---|
| Annual Taxes: | $45,931 |
DescriptionFausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating outstanding income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.
Neighborhood
Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating outstanding income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.
Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20, 000 square feet of prime land just minutes away from ...
DescriptionFausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating outstanding income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.
Neighborhood
Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating outstanding income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.