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    0000 Salzedo St Coral Gables, FL 33146

    For Sale
    Contact for pricing

    Prime Development Rights, Coral Gables

    Property size:
    4,711 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional offering presents a rare opportunity to acquire Transfer of Development Rights (TDRs) in Coral Gables' Central Business District. 4,711 TDRs are available for purchase, allowing developers to significantly increase the density of their projects within the city. These TDRs provide bonus height or density, a valuable asset for expanding development footprints. The permitted zoning is commercial, making these rights suitable for a wide range of projects. The TDRs are sold as a package, offering a streamlined acquisition process. This is a unique opportunity to leverage existing development capacity for enhanced project potential. This sale is exclusively for the transfer of development rights

    Property Features for 0000 Salzedo St

    General Information

    Property type
    Specialty properties
    Square Feet
    4,711 SF

    Building Details

    Units
    25000

    HighLights

    • 4,711 Transfer of Development Rights (TDRs) available for purchase in Coral Gables' Central Business District (CBD).
    • TDRs allow for bonus height or density in commercial projects.
    • Streamlined acquisition process; TDRs sold as a package.
    • Our team includes land use attorneys and builders to ensure a seamless transaction. Up to 4,000,000 TDRs available, including SURs for tract home builders. Note: This sale is for development rights only, not real estate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2600811
    Latitude
    25.7328322

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    FAQs

    What type of property is this?
    Specialty property - Prime Development Rights, Coral Gables
    Where is this specialty property located?
    The property is located at 0000 Salzedo St Coral Gables, FL.
    What are key features of this property?
    This property features: 4,711 Transfer of Development Rights (TDRs) available for purchase in Coral Gables' Central Business District (CBD).; TDRs allow for bonus height or density in commercial projects.; Streamlined acquisition process; TDRs sold as a package.
    Request Owner's contact information
    0000 Salzedo St Coral Gables, FL 33146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Salzedo St Coral Gables, FL 33146
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