Miami, FL

3690 SW 23rd Ter, Miami FL 33145

$2,500,000

Key Details

Status
Active Under Contract
Property Type
Residential

Overview

Great Investor/Developer opportunity. Well-maintained duplex on a 14,000 SF lot, located just blocks to shopping & dining on Miracle Mile in Coral Gables and close to the bayfront community of Coconut Grove. Current structure offers 2 rentable units (one is a 2BR/2BA and the other a 2BR/1BA). Both units are currently tenant occupied at below market rental values. Potential for rental income or for future development of multi-family structure. The lot is zoned T6-8-O (able to build a max of 48 units). Just a few minutes drive to MIA, downtown, Key Biscayne & the Beaches.

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