This corner property offers a unique opportunity in a rapidly developing area. It is zoned as *T3-R, which allows for two units, and the large lot *15,120 sqft* makes it a strong candidate for *zoning upgrades*, with rezonings in nearby areas increasing by *15-20%*, often transitioning to higher-density classifications, which allows for more units & mixed-use development.The property’s *customization potential* is significant, with up to *50% lot coverage* permitted. The main house features *3 bedrooms, 2.5 bathrooms*, and a separate area that could be converted into *two independent units*, making it ideal for rental income or extended family, and proximity to *Coral Gables, Downtown/Brickell, and Coconut Grove* it makes the property a great place to live and a smart investment.
This corner property offers a unique opportunity in a rapidly developing area. It is zoned as *T3-R, which allows for two units, and the large lot *15,120 sqft* makes it a strong candidate for *zoning upgrades*, with rezonings in nearby areas increasing by *15-20%*, often transitioning to higher-density classifications, which allows for more units & mixed-use development.The property’s *customization potential* is significant, with up to *50% lot coverage* permitted. The main house features *3 bedrooms, 2.5 bathrooms*, and a separate area that could be converted into *two independent units*, making it ideal for rental income or extended family, and proximity to *Coral Gables, Downtown/Brickell, and Coconut Grove* it makes the property a great place to live and a smart investment.
Neighborhood
Type
Total Baths
1/2 Baths
County
Miami-Dade County
Area
Westmoor
Tax Amount
$3,509
Status
Active
Listing #
A11663553
Built
1940
Lot Size
0.35
Listed on site
54 days
Listing Agent Id
3433996
Listing Agent Phone
954-504-2895