Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated… Read More on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential. Read Less
Courtesy of RE/MAX 360 Real Estate 305-602-0360
Listing Snapshot
Days Online
157
Last Updated
Property Type
Duplex
Square Ft.
1,561
Year Built
1937
MLS Number
A11962654
30 Days Snapshot Of 33133
$3.05M
+31%
(avg) sold price
25
-7%
homes sold
135
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1937, Living area: 1561, Construction materials: Block, Toal building area: 2183, 3 total units
Cooling
Central Air
Floors
Tile
Heating
Central
Property
Zoning: 4600
Roof
Concrete
Sewer
Public Sewer
Taxes
Annual amount: $9,357
Utilities
Cable Available
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