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$16,000,000
Est. payment /mo
1.26 Acres Lot
UPDATED:
03/11/2025 09:01 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Douglas Manor
MLS Listing ID A11761030
HOA Y/N No
Annual Tax Amount $109,660
Tax Year 2024
Lot Size 1.260 Acres
Acres 1.26
Lot Dimensions 450x150
Property Description
Extremely rare two-block assemblage at the edge of Coral Gables. Located in the medical district, two blocks from Coral Gables Hospital. 1.14 acres of T6-8-O zoned land and .12 acre T3-O lot. 172 units by right, with additional height and density via Live Local. Less than a mile from The Link at Douglas development, featuring a 37-story tower and two 39-story towers. The site includes a specialty medical center (owner-occupied), a multifamily building, and three fully rented mixed-use buildings. The site abuts T3-O properties, limiting height on the western boundary. T6-8-O is one of Miami's most desirable mid-rise zoning designations, allowing for apartments, retail, and office use. Combining the multifamily lot with the northern lot and rezoning to T6-8-O offers additional flexibility.
Location
State FL
County Miami-dade
Community Douglas Manor
Area 41
Exterior
Utilities Available Electricity Available, Sewer Available, Trash Collection, Water Available
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 01-41-17-002-0012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11761030
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Listed by Synergy Realty Advisors