2935 SW 27th Ln Miami, FL 33133
Redevelopment opportunity with favorable zoning and transit-oriented development benefits.
Type:Mixed Use, Multifamily
Lot size:
0.32 Acres- Added:
- Dec 9, 2024
- Days on Market:
- 493
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 2935 SW 27th Ln
General Information
- Standard status
- Active
- Lot size
- 0.32 Acres
- Property subtype
- Mixed Use, Multifamily
Building Details
- Year Built
- 2026
Listing agent Agustin Duarte License #3284824
Listing office RE/MAX 360 Real Estate
Listing date Dec 9, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 360 Real Estate
Overview
Redevelopment Opportunity Along The Underline
This offering features a single-family home and a duplex, situated on approximately 14,000 square feet of land directly along The Underline. The assemblage of lots allows for the construction of 50 units across five floors, facilitated by Live Local, which reduces parking requirements by 80-85%. The property's T4-L zoning is favorable for redevelopment. Located within the transit-oriented development boundary, the property benefits from increased density and intensity allowances, along with the potential for complete elimination of parking requirements. The location directly abuts The Underline to the south. The highest and best use is redevelopment into a mixed-use project with 50 to 60 units on 5 to 6 stories, potentially as a boutique condo building or a traditional rental building.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.24121
- Latitude
- 25.740149
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Redevelopment opportunity with favorable zoning and transit-oriented development benefits.
Where is this mixed-use property located?
The property is located at 2935 SW 27th Ln Miami, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime redevelopment opportunity directly along The Underline; Potential for 50 units via Live Local on 5 floors; Favorable T4‑L zoning allows for high‑density development
