TOD Live Local 27th Ave Grove Central TOD Ofc Bldg, Miami, 33133

  • $5,300,000

Listing UP for Sale

Miami

TOD Live Local 27th Ave Grove Central TOD Ofc Bldg, Miami, 33133

Miami

  • $5,300,000

Overview

Property ID: A11481158
  • 18000
  • Lot sqft

Description

**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*

Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).

This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add’l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.

Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.

Optional stock sale for qualified prospects.

  • Address TOD Live Local 27th Ave Grove Central TOD Ofc Bldg
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33133
  • Area Miami-dade County

Details

Updated on April 14, 2024 at 10:44 am
  • Property ID: A11481158
  • Price: $5,300,000
  • Land Area: 18000 sqft
  • Property Status: Listing UP for Sale

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