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Executive Summary
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 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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.12 AC |
| Price Per AC | $13,444,474.32 |
| Price | $1,600,000 |
| Price Per AC | $13,444,474.32 |
| Lot Size | 0.12 AC |
Land Size: 0.5200 Zoning: T 5-R Parcel ID: 01-4115-026-0611 To be delivered with Fully Approved Plans.
Description
PROPERTY HIGHLIGHTS Folio: 01-4115-026-0611 Sub-Division: NATOMA PARK Primary Zone: T5R 3 Beds / 2 Baths Floors: 1 | Living Units: 1 Actual Area: 2,183 Sq. Ft Living Area: 1,561 Sq. Ft Lot Size: 5,200 Sq. Ft LOCATION HIGHLIGHTS Along UNDERLINE Between Coconut Grove & Brickell Within the TOD T5-R zoning | 65 units per acre SITE DETAIL Land Size: 0.5200 Zoning: T 5-R Parcel ID: 01-4115-026-0611 To be delivered with Approved Plans.
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 01-4115-026-0611 | Improvements Assessment | $156,741 |
| Land Assessment | $329,000 | Total Assessment | $485,741 |
Property Taxes
Parcel Number
01-4115-026-0611
Land Assessment
$329,000
Improvements Assessment
$156,741
Total Assessment
$485,741
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1866 SW 25th Ter
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