Development Opportunity in Coconut Grove

3850 S Dixie Hwy, Miami, FL

Market Price

Price

0.6805 acres

Lot Area

 
Overview
Lot Area
0.6805 acres
Description

The Keyes Company is proud to be the exclusive broker of this rare land offering-a 100% fee simple interest in the prime redevelopment site located at 3850 South Dixie Highway in the southern part of the Coconut Grove submarket. This coveted parcel is ideally suited for a higher and better use through the opportunties afforded to a developer by Miami 21 T-6-8 O zoning and opportunity zone incentives. The site has excellent exposure and is well located. The property is proximate to our metrorail system, buses, and the new Miami Underline. Coconut Grove is a mix of local, regional, and national retailers, private and public offices, and residential uses. Additionally, the property is one mile from the heart of the resurgence going through in Coconut Grove and a quarter mile from Coral Gables.

This prime redevelopment site is located in the City of Miami on the southside of the Coconut Grove submarket directly on the US1 (South Dixie Highway) corridor.

Development site with excellent exposure along busy US1 in Coconut Grove. The site contains 29,642 square feet of land with frontage on both Hillside Avenue and Braddock Avenue. The site permits both residential and commercial uses through Miami 21 T-6-8-O zoning. The property is 5.4 miles from Downtown Miami and Brickell Avenue and transportation serviced by US1, Miami-Dade bus and Miami-Dade Metro Rail transportation.

Florida Power and Light

20 54 41BEG NE COR OF LOT 6 PB 1 1-40PERCIVAL PLAT REVD TH W221-01FTTO X S/L DIXIE HWY ST RD #5NELY 307FT ALG DIXIE HWY ST RD #5S144.82FT M/L W50FT TO POB & LOTS6 & 7 LESS S 5FT FOR R/W OF PB1-140 PERCIVAL PLAT REVDLOT SIZE 29642 SQ FTOR 23365-1664 0 305 4 &OR 26333-1915 0305 5

Miami-Dade

Highlights
  • Rare offering of urban land for development
  • Coconut Grove Submarket
  • On US1 corridor (Northbound)
  • Generous zoning
  • Ideal for multi-family, hotel, office or mixed use.
  • Opportunity zone
  • Survey available
Documents

Location
Gallery