0.47 Acre development site on Douglas Road

Nestled in the heart of the Coconut Grove neighborhood, the area offers an array of art galleries, upscale boutiques, and diverse dining options within moments of the property. Immerse yourself in the city’s rich cultural scene at the iconic Vizcaya Museum and Gardens, or find inspiration at the historic Barnacle Historic State Park. With close proximity to major corporations and financial institutions, the location provides a prime setting for professional success. Discover a harmonious blend of work and recreation in this thriving metropolitan hub.Feasibility study now available! Synergy Realty Advisors exclusively presents a 20,581 sf T 6 8 0 zoned assemblage on Douglas Road, at the edge of Coral gables. Three fully rented mixed use buildings producing $18,000 a month. 70 Units possible with live local in a 120k sf, 12 story building with rooftop pool and three levels of parking (75 units with one level of underground parking). By right, 42 units are feasible in a 96k sf 8 story building with a rooftop pool deck and three levels of parking (55 units with one level of underground parking). Available on its own or with the block to the south. T 6 8 0 is the most desirable mid rise zoning in City of Miami, allowing for apartments, storage, retail, office. Two blocks away is the Coral Gables hospital so it would be a suitable site for medical as well. Seller would be open to staying as an anchor tenant in a new medical tower