Property summary
This exceptional 158,800 square foot mixed-use development site presents a lucrative redevelopment opportunity in the highly desirable Cutler Bay, Florida area. Located at 20329 Old Cutler Rd, 33189, this property offers unparalleled potential for a variety of uses, including apartment buildings, hotels, and shopping centers. The asking price is $10,750,000. Its strategic location provides convenient access to major roadways, ensuring excellent connectivity for residents and patrons. The surrounding area boasts a vibrant mix of amenities, including numerous restaurants, shopping centers, a mall, and gas stations, creating a thriving and attractive environment. The property's size and zoning allow for significant development potential, catering to a wide range of investment strategies. This is an ideal location for investors seeking to capitalize on the strong demand for residential and commercial spaces in this rapidly growing South Florida market. The site's proximity to major transportation routes and a wealth of nearby amenities makes it an exceptionally attractive investment opportunity. This prime location offers a unique chance to create a thriving mixed-use development in a highly sought-after area. The property is zoned for hospitality, mixed-use, multifamily, office, and retail uses, providing flexibility for a variety of development plans. Consider the potential for a hotel, multifamily residential complex, or a combination of uses to maximize returns.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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