Development Opportunity
Description
** Development Opportunity ** T6-8-O zoned corner parcel on Le Jeune (SW 42 Street).
Redevelopment commercial land suitable for Mixed-Use, Multi-family building, Self-Storage, Bank, Commercial Retail, Etc.
Site consists of four parcels, totaling 34,775 SF of commercial land (4 lots in total). Excellent traffic count of over 45,000 vehicles per day.
With 200 Linear Feet of Frontage on Le Jeune you can apply for a zoning change.
The assemblage consists of 214 linear feet on Le Jeune. T-6-8-O warrants 150 units per acre.
HIGHLIGHTS
- PROPERTY SUMMARY
- Sale Price: $5,499,000
- Lot Size: 34,775 SQ FT
- Zoning: T6-8-O, T4L, T3L
- Sub Market: Coral Gables
- Cross Streets: SW 3 Street/ SW 42 Avenue
- ” 4200 SW 3 ST- 12,840 SQ FT- T-6-8-O
- ” 4214 SW 3 ST: 6,420 SQ FT- T3L
- ” 4219 SW 4 ST: 8,025 SQ FT- T4L
- ” 390 SW 42 AVE: 7490 SQ FT- T-6-8-O
- PROPERTY HIGHLIGHTS
- RARE REDEVELOPMENT LAND ON LE JEUNE RD
- UTILITIES ON SITE
- 45,000 + DAILY TRAFFIC COUNT
- 214 LINEAR FEET ON LE JEUNE ROAD
- LIBERAL T-6-8-O ZONING
- UP TO 100% DENSITY BONUS OFFERED TO AFFORDABLE HOUSING DEVELOPMENTS
Address
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Address 4200 Southwest 3rd Street, Coral Gables, FL
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Country United States
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Province/State Florida
Overview
- Property ID 6173
- Price $5,499,000
- Property Type Development opportunities, Multifamily
- Property status For sale
- Lot Area 34,775 sqft
- Development Type Mixed Use
- Permits No