Redevelopment Opportunity Along The
For Sale
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2935 SW 27th Ln, Miami, FL 33133
Redevelopment opportunity with favorable zoning and transit-oriented development benefits.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market613
Property Features for 2935 SW 27th Ln
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Mixed Use, Multifamily
Zoning
T4-L
Building Details
Year Built
2026
Listing Agency:
RE/MAX 360 Real Estate
(305) 602-0360
Listed By:
Agustin Duarte · License #3284824
Source:
Crexi
Added: Dec 9, 2024
Changed: Aug 8
Last Checked: May 12 at 8:59PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,872
Businesses Nearby
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Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
