Active

2340 SW 32nd Ave

Miami FL, 33145

$15,920,000


$228.42 per sqft

Active

69,696 sqft

Commercial

Introducing the rare opportunity to acquire over 1.6 acres of covered land ripe for re-development in the ultra-prime Coral Gables sub-market of Miami. Boasting a highly efficient layout with T6-8-O zoning on the majority of the assemblage, the site allows for 167 units by-right and is ideal for a mid-rise project of varying uses (i.e. mixed-use, multi-family, condo, office, hotel, and more).

On top of all of that, the sale includes a nearly 18,000 Sq. Ft. banquet hall and catering kitchen Renaissance at the Gables, and a 2,300 Sq. Ft. duplex that are well-maintained and operational. This allows a developer the flexibility to either develop immediately or play the long game as a covered-land opportunity.

A11522025

MLS ID

January 18, 2024

Listed

February 19, 2024

Updated

Map

2340 SW 32nd Ave
Miami FL, 33145

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.6 Acres


Lot Features

City Location, Corner Location, Corner Lot, 1-25 Acres


Sewer

Public Sanitation

Other Property Details

Area Name

Amnd Miami Suburban Acres


Taxes

$67,186


Tax Frequency

Annually


Days on Market

32


Garage

No


View

No


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

6100


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

2/19/2024

Price Change

$15,920,000

-4%

Courtesy of The Alpha Commercial Advisors LLC with Jamie Maniscalco,
Listing Contact: 201-264-0113 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 9:38 PM UTC, 2/19/2024.

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