125 Edgewater Dr ,Other Style for Sale

125 Edgewater Dr for Sale

Price $11,200,000.00

• Lot size 20000
• Year Build
• Waterfront
• Zip 33133
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating over $400,000 in gross income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.

Call LA for more info and pricing.

29-32 54 41 SUNRISE HARBOUR REV PL PB 65-22 LOTS 8 & 9 BLK 1 LOT SIZE 20000 SQUARE FEET OR 19046-4690 0300 1

Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating over $400,000 in gross income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.

City:Coral Gables,Zoning:5002,List A O R:A-Miami Association of REALTORS,Latitude:25.7072789,List Price:11200000,Listing Id:A11444745,Longitude:-80.2565421,Mls Status:Active,Postal Code:33133,Street Name:Edgewater Dr,Coordinates:1:25.7072789,Photos Count:21,Business Type:1:Residential-Single Family,Lot Size Acres:0.46,Lot Size Units:Square Feet,On Market Date:2023-08-30,Parcel Number:03-41-29-041-0080,Property Type:Commercial Sale,Street Number:125,Public Remarks:Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating over $400,000 in gross income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.,County Or Parish:Miami-Dade County,Expiration Date:2024-09-30,Frontage Length:200,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:Call LA for more info and pricing.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6951,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:45931,Unparsed Address:125 Edgewater Dr, Coral Gables FL 33133,Listing Agreement:Exclusive Right To Sell,Building Area Total:13926,Building Area Units:Square Feet,Lot Size Square Feet:20000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Fausto Commercial Realty Consultants is pleased to offer this rare opportunity to acquire unique covered land play opportunity, featuring 20,000 square feet of prime land just minutes away from the prestigious neighborhood of Cocoplum in Coral Gables. As per current zoning, there is the potential to construct 9 luxurious townhomes, each boasting over 4,600 square feet of elegant living space. Additionally, this property already benefits from an existing income stream. On-site, there is a well-maintained 16-unit apartment building generating over $400,000 in gross income. This provides an excellent opportunity for investors to collect income while awaiting the approval of their development plans, further enhancing the appeal and financial potential of this property.,Listing Contract Date:2023-08-30,Originating System I D:miamire,Public Survey Section:29,Showing Instructions:Call Listing Agent,Street Number Numeric:125,Tax Legal Description:29-32 54 41 SUNRISE HARBOUR REV PL PB 65-22 LOTS 8 & 9 BLK 1 LOT SIZE 20000 SQUARE FEET OR 19046-4690 0300 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,Contract Status Change Date:2023-08-30,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,