Prime redevelopment directly along The Underline, “GROVE CHIC RESIDENCE”. The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.
Property Details
Price:
$3,000,000
MLS #:
A11777458
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
SYLVANMERE
Neighborhood:
sylvanmere
Listed Date:
Apr 4, 2025
Lot Size:
13,200 sqft / 0.30 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
City Location, Less Than 1 Acre
Financial
Tax Year
2024
Taxes
$21,927
Map
Community
- Address Miami FL
- SubdivisionSYLVANMERE
- CityMiami
- CountyMiami-Dade County
- Zip Code33133
Market Summary
Current real estate data for Single Family in Miami as of Apr 21, 2026
3,669
Single Family Listed
130
Avg DOM
584
Avg $ / SqFt
$1,678,062
Avg List Price
Property Summary
- Located in the SYLVANMERE subdivision, Miami FL is a Single Family for sale in Miami, FL, 33133. It is listed for $3,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $584. The average listing price for Single Family in Miami is $1,678,062.
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