About This Property

Strategically positioned on the northern perimeter of the Coconut Grove Metrorail transit area, this high-visibility asset falls well within the radius qualifying for Transit Station Neighborhood District designation - opening the door to density upside on its current T5-O zoning. The building's first floor is primarily covered parking, with 96% of rentable area concentrated on the second and third floors. Existing short-term leases provide immediate income while preserving flexibility for repositioning. Floor plans, survey, and lease details are available upon request. Projected stabilized cap rate - applying market rents with reasonable assumptions for vacancy, management, maintenance, reserves, and leaseup costs - exceeds 6%.

Key Features

• 18,600 sq ft Lot
• Built in 1972

Property Details

• Type: Single Family Home
• Year Built: 1972
• Lot Size: 18,600 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 18,600 sq ft Lot
• Feature: Built in 1972
• Status: Active
• MLS Number: 1153400733
• Days on Market: 236
• Listed By: Hawkins Commercial Realty · James Mallory Hawkins
• Zip Code: 33133