Home » Miami » 2340 SW 32nd Ave, Miami, FL 33145 | A11522025

2340 SW 32nd Ave, Miami, FL 33145 | For Sale

$15,920,000
Price has decreased by $575,000

Property Highlights

Listing ID A11522025 Status of this Listing: Active For Sale Property Type Land Commercial Lot area 70,023 Sqft/6505.35 m2 approx. This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 220 Day(s)
13 Photos of this Property

2340 SW 32nd Ave, Miami, FL 33145

Property Description: 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.

Useful Info

Previous Asking Price:$16,495,000
Original List Price:$16,495,000

Business Info

Gross Scheduled Income:0

Land Lot (Parcel) Details

Number of Lots:6
Lot Size Acres:1.6
Lot Size Unit:Square Feet

Construction

Road Frontage Type:
  • Main Thoroughfare

Property Features

Waterfront:No
Current Use:
  • Other

Taxes and Expenses

Tax Annual Amount:$67,186

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:AMND MIAMI SUBURBAN ACRES
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Municipal Code: 4
Subdivision Number: 9

Zoning and Legal

Tax Legal Description:PB 4-73 AMND PLAT OF MIAMI SUBURBAN ACRES LOT 1 LESS EXT AREA OF CURVE IN NE COR & ALL OF LOTS 2-3-39 & LOT 40 LESS EXT AREA OF CURVE IN SE
Real Estate Folio Number (Parcel Number):01-41-16-009-3710
Zoning Description:6100
Public Survey Township:4
Public Survey Range:41
Public Survey Section:16

Listing History

Update/EventDate/Days
Published Date:January 26, 2024 1:51 pm
On Market Date:January 18, 2024
Price Change Date Time:February 19, 2024 2:49 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:July 19, 2024 5:24 pm
Status Last Changed:July 19, 2024 5:24 pm
Photos Last Modified:July 19, 2024 9:38 pm
Last Modified:September 2, 2024 6:38 pm
Days on the Market Reference Date:September 2, 2024
Days on the Market (updated on Last Modified*):227
Cumulative Days on the Market (updated on Last Modified**):227

Additional Information

Lot Size Range:1-2.5 Acres
Number of Photos Count:13
Area:21
Ref ID:1059360863
Automated Valuation Display:Yes
Courtesy of:The Alpha Commercial Advisors LLC
Universal Property Id:US-12025-N-0141160093710-R-N

Location

Show Property Address:Yes
Street Name:32nd Ave
Street Number:2340
Street Direction Prefix:SW
Street Address:2340 SW 32nd Ave
City : Miami
State : Florida
Zip Code : 33145
County : Miami-Dade County
Full Address:2340 SW 32nd Ave, Miami, FL 33145
Latitude:N25° 44' 51.5''
Longitude:W81° 45' 12.1''

Neighborhood

Postal City:Miami

Property Map