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.
Property Details
Price:
$3,400,000
MLS #:
A11769577
Status:
Active
Beds:
0
Baths:
0
Address:
2821 SW 27th Ter
Type:
Single Family
Subtype:
Residential
Subdivision:
COM SILVER BLUFF
Neighborhood:
Com Silver Bluff
City:
Miami
Listed Date:
Mar 24, 2025
State:
FL
ZIP:
33133
Lot Size:
10,000 sqft / 0.23 acres (approx)
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Schools
Interior
Exterior
Other Structures
Livable, Well Kept
Financial
Tax Year
2024
Taxes
$9,771
Map
Community
- Address2821 SW 27th Ter Miami FL
- SubdivisionCOM SILVER BLUFF
- CityMiami
- CountyMiami-Dade County
- Zip Code33133
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