Property summary
This exceptional Coconut Grove assemblage comprises five lots totaling 18,681 square feet, strategically located at 3442, 3424 SW 37th Ave, 3714, 3718 Washington Ave, and 3719 Thomas Ave. An additional two lots, totaling 16,937 square feet, located at 3710 Grand Ave and 3735 Washington Ave, are also included in this sale. The assemblage presents a unique opportunity for significant development potential in a highly desirable Miami location. The asking price of $302,000 reflects the individual price of the lot at 3714 Washington Ave, which is part of a larger, non-divisible assemblage. The property at 3714 Washington Ave itself is 1,890 square feet and is classified as an apartment building, executive office, and medical office space, offering versatility for various uses. This mixed-use property, situated in the vibrant Coconut Grove neighborhood, benefits from its prime location and the potential for substantial returns on investment. The assemblage's size and location make it an attractive proposition for developers seeking to capitalize on the growing demand for commercial and residential properties in Miami. Detailed information is available in the attached brochure. This is a rare opportunity to acquire a significant land holding in a thriving Miami neighborhood. Please note that this assemblage will only be sold as a whole.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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