Rare development opportunity in the heart of coconut grove! Fully leased, income-producing duplex on a duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 sf each, 3 bed / 3 bath). Estimated hard cost ~$200/sf; projected all-in cost per townhome ~$1. 3m. Resale comps in the $1. 6m+ range offer strong upside for developers. Utilities at street. Survey and conceptual plans available. Lot may be split—buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive by only—do not disturb tenants. Showings will be scheduled for serious buyers only.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Coconut Grove Elementary School | 3351 MATILDA ST | public | 541 | PK - 5 | 0.37 mi |
| St Stephen's Episcopal Day School | 3439 MAIN HWY | private | 245 | PK - 5 | 0.45 mi |
| Francis S.tucker K-8 Center | 3500 S DOUGLAS RD | public | 305 | PK - 8 | 0.5 mi |
| St Hugh Catholic School | 3460 ROYAL RD | private | 248 | PK - 8 | 0.5 mi |
| Mater Grove Academy | 2805 SW 32ND AVE | public | 1215 | KG - 8 | 0.53 mi |
| Mca Academy | 2911 GRAND AVE STE 500 | private | 61 | 2 - 12 | 0.53 mi |
| Carrollton School-sacred Heart | 3747 MAIN HWY | private | 811 | PK - 12 | 0.7 mi |
| George W. Carver Elementary School | 238 GRAND AVE | public | 566 | PK - 5 | 0.73 mi |
| Mlc Preparatory Academy | 2710 SW 37TH AVE | private | 30 | 4 - 12 | 0.78 mi |
| The Miami Sudbury School | 2700 SW 37TH AVENUE | private | 17 | PK - 11 | 0.79 mi |
| Coconut Grove Montessori School - Main Campus | 2850 SW 27TH AVE # 4 | private | 76 | PK - 5 | 0.83 mi |
| Silver Bluff Elementary School | 2609 SW 25TH AVE | public | 399 | PK - 5 | 1.21 mi |
| Brito Miami Private School | 3030 CORAL WAY | private | 156 | 1 - 12 | 1.35 mi |
| Somerset Gables Academy | 624 ANASTASIA AVE | public | 473 | KG - 8 | 1.36 mi |
| The Growing Place | 536 CORAL WAY | private | 25 | PK - 1 | 1.64 mi |
| Coral Gables Preparatory Academy | 105 MINORCA AVE | public | 862 | PK - 8 | 1.7 mi |
| Henry S. West Laboratory School | 5300 CARILLO ST | public | 392 | KG - 8 | 1.71 mi |
| Jose Marti School #2 | 1685 SW 32ND AVE | private | 57 | 4 - 8 | 1.73 mi |
| Jose Marti School 1 | 2660 SW 17TH ST | private | 38 | PK - 3 | 1.83 mi |
| St Philip's Episcopal School | 1121 ANDALUSIA AVE | private | 140 | PK - 5 | 2.18 mi |
| St Theresa School | 2701 INDIAN MOUND TRL | private | 740 | PK - 8 | 2.27 mi |
| David Fairchild Elementary School | 5757 SW 45TH ST | public | 468 | PK - 5 | 2.42 mi |
| Auburndale Elementary School | 3255 SW 6TH ST | public | 706 | PK - 5 | 2.48 mi |
| Shenandoah Elementary School | 1023 SW 21ST AVE | public | 787 | PK - 5 | 2.51 mi |
| Coral Way K-8 Center | 1950 SW 13TH AVE | public | 1064 | PK - 8 | 2.51 mi |
| Sunset Elementary School | 5120 SW 72ND ST | public | 1196 | PK - 5 | 2.53 mi |
| Bridgeprep Academy Interamerican Campus | 621 BEACOM BLVD | public | 186 | KG - 8 | 2.57 mi |
| Ebenezer Day Care | 4111 SW 4TH ST | private | 52 | PK - 2 | 2.76 mi |
| La Prima Casa Montessori School | 2733 SW 3RD AVE | private | 21 | PK - 3 | 2.92 mi |
| Sts Peter & Paul School | 1435 SW 12TH AVE | private | 325 | PK - 8 | 2.97 mi |
| Nicklaus Children's Hospital | 3100 SW 62ND AVE | public | 11 | KG - 12 | 2.97 mi |
| Gordon Day School Of Beth David Cong. | 2625 SW 3RD AVE | private | 69 | PK - 5 | 2.99 mi |
Free Benefits of account
