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About This Property
Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami's desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. "Zoned Duplex" " Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and a shared private pool courtyard. "An exceptional opportunity to collect income today while planning tomorrow's redevelopment." Buyer and buyer's agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.
Property Features
County
Miami-Dade County
Section
10
Area
2362
Subdivision
WOODCREST
Interior
Cooling
Central Air
Bedrooms
Floors
Ceramic Floor
Full Baths
Appliances
Heating
Central
Style
Detached
Garage Spaces
Construction/Exterior
CBS Construction
Patio / Deck Description
Patio
Exterior
Exterior Lights
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Other, Curved/S-Tile Roof
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Duplex
Tax Year
2025
Year Built
1940
Tax Amount
$17232
APN
NA
Square Feet Source
NA
Map
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