3210 E Elizabeth St, Miami, FL 33133

$1,875,000
1,492
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,875,000
Price Change
▼ $24,000 1779838193
MLS#
A11839361
Sq. Ft
1,492
Subtype
Duplex
County
Miami-Dade
Community
Frow Homestead
Subdivision
Frow Homestead
Year Built
1948

Property Description

Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a 6,000 SF duplex-zoned lot with two excellent tenants in place. Ideal for new construction, build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost is $200/SF, with a projected all-in cost of $1.3M per townhome. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Lot may be split, buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive-by only; do not disturb tenants. Showings will be scheduled for serious buyers only. Conceptual plans available for illustration purposes only.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
2
Construction
CBS Construction
Cooling
Electric
Flooring
Tile, Wood
Heating
Electric
Lot Description
Less Than 1/4 Acre Lot
Roof
Other
Taxes
$14,098
Total Floors
2
Stories
2
Roofing
Other
Price Per Sqft
$1,256

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Avanti Way Realty LLC, Contact: