3210 E Elizabeth St, Miami, FL 33133

About This Home

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.

Property Details

Flooring

Tile, Wood

Heating

Electric

Cooling

Electric

Architectural Style

Attached

Building & Association

Building Name

FROW HOMESTEAD

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Other

New Construction

No

Public Records

Parcel Number

01-41-21-007-0240

Tax Annual Amount

$14,098

Tax Year

2,014

Zoning

5700

County Or Parish

Miami-Dade County

Location