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About This Property
Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.
Property Features
County
Miami-Dade County
Section
15
Area
2183
Subdivision
NATOMA PARK,UNDERLINE HOMES
Interior
Cooling
Central Air
Bedrooms
Floors
Tile
Full Baths
Appliances
Heating
Central
Style
Attached
Garage Spaces
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Concrete
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Duplex
Tax Year
2025
Year Built
1937
Tax Amount
$9357
APN
NA
Square Feet Source
NA
Map
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