3909 Ponce De Leon Blvd ,Detached, Duplex, Coconut Grove Sec Part 1 for Sale

3909 Ponce De Leon Blvd for Sale

Price $2,550,000.00

• Lot size 2336
• Year Build 1948
• Waterfront
• Zip 33134
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= Current income from both properties is $12,000 but the real opportunity is to tear them down and build townhomes. Call listing agent to discuss.

COCONUT GROVE SEC 1 CORAL GABLES PB 14-25 LOTS 40 TO 43 INC BLK 30 LOT SIZE 100.000 X 145 OR 18763-4608 0899 1

1/2 To Less Than 3/4 Acre Lot

Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.

City:Coral Gables,Zoning:5900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:25.7360262,Cooling Y N:1,Heating Y N:1,List Price:2550000,Listing Id:A11590445,Longitude:-80.258369,Mls Status:Active,Year Built:1948,Living Area:2304,Postal Code:33134,Street Name:Ponce De Leon Blvd,Coordinates:1:25.7360262,Photos Count:7,Building Name:COCONUT GROVE SEC PART 1,Days On Market:22,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Coconut Grove Sec Part 1,On Market Date:2024-05-18,Parcel Number:03-41-17-007-4320,Property Type:Residential Income,Stories Total:2,Street Number:3909,M I A M I R E_ Style:Duplex,Public Remarks:Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.,County Or Parish:Miami-Dade County,List Office Name:Keller Williams Capital Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7323,Property Sub Type:Duplex,State Or Province:FL,Subdivision Name:COCONUT GROVE SEC PART 1,Tax Annual Amount:24509,Unparsed Address:3909 Ponce De Leon Blvd, Coral Gables FL 33134,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:2336,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:1106.7708,Original List Price:2550000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Two adjacent duplexes/properties (3903 & 3909/4 doors now) combined, being sold only as a package for $4.5 million. Opportunity for developer/investors to build townhouses. Together, lots amount to 25,525 sf and buildable area of 17,000 sf. yielding up to 7 townhomes. Planning for each at 2,428 livable sf with 22' of frontage. Combined lots have Ponce in the front and SW 39th Ave in the rear for garage entrances. Prime location in Coral Gables walking distance to Shops at Merrick Park and downtown Coral Gables. Do the math, is is a very unique opportunity for the savvy investor.,Listing Contract Date:2024-05-18,Originating System I D:miamire,Public Survey Section:17,Showing Instructions:Call Listing Agent,Street Number Numeric:3909,Tax Legal Description:COCONUT GROVE SEC 1 CORAL GABLES PB 14-25 LOTS 40 TO 43 INC BLK 30 LOT SIZE 100.000 X 145 OR 18763-4608 0899 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,M I A M I R E_ Adjusted Area S F:2082,M I A M I R E_ Internet Remarks:Opportunity for developer/investors to build townhouses on two combined duplex properties in prime Coral Gables location, steps from Merrick Park.,Contract Status Change Date:2024-05-18,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:1106.77,Internet Automated Valuation Display Y N:1,