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2340 SW 32nd Ave, Miami, FL 33145
$15,920,000
2340 SW 32nd Ave, Miami, FL 33145View this property at 2340 SW 32nd Ave, Miami, FL 33145
2340 SW 32nd AveMiamiFL33145
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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.
Full Property Details
Full Property Details for 2340 SW 32nd Ave
General
- Price: $15,920,000
- Taxes: $67,186 (2024)
- Status: Active
- Type: Commercial Land
- MLS ID: A11522025
- Updated: 2/19/2024
- Added to Site: 103 day(s) ago
Location
- Area: Amnd Miami Suburban Acres
- County: Miami-Dade County
- Subdivision: AMND MIAMI SUBURBAN ACRES
- Building Name: AMND MIAMI SUBURBAN ACRES
- Driving Directions: Conveniently located, the property sits just two blocks to the south of highly trafficked Coral Way (SW 22nd Street) three blocks east of Douglas Road, and about ½ mile from the main Miracle Mile retail corridor of Coral Gables.
Community
- Community Name: Amnd Miami Suburban Acres
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Other Style
Lot Features
- Lot Size (Acres): 1.6
- Lot Size (Sq. Ft.): 70,023
- Lot Dimensions: 323 x 223
- Frontage Feet: 323
- Lot Features: City Location, Corner Location, Corner Lot, 1-2.5 Acres
- Potential Use: Central Urban, Urban Commercial
- Zoning: 6100
Financial Considerations
- Tax Amount: $67,186
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- 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
- Property ID: 01-41-16-009-3710
Listed by The Alpha Commercial Advisors LLC
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Schools
Schools serving 2340 SW 32nd Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
3500 S Douglas Rd, Miami, FL 33133 | PK-5 | 1.6 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 18.6 mi | |
5801 Augusto St, Coral Gables, FL 33146 | 6-8 | 2.7 mi | |
450 Bird Rd, Coral Gables, FL 33146 | 9-12 | 1.4 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 13.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2340 SW 32nd Ave
Date
Details
Price
Change
Source
2/19/2024
Price Reduced
$15,920,000
-3.49%
MLS
1/18/2024
Listed
$16,495,000
649.77%
MLS
2/28/2002
Sold
$2,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2340 SW 32nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$64,739
-17%
$4,058,758
4%
2021
$78,205
45%
$3,900,012
-5%
2022
$54,092
-35%
$4,085,394
4%
2021
$82,862
5%
$3,923,737
9%
2019
$78,854
8%
$3,603,017
10%
2018
$72,795
4%
$3,275,470
-16%
2017
$69,673
-8%
$3,920,312
19%
2016
$76,094
-8%
$3,294,104
-12%
2015
$82,832
-1%
$3,725,280
1%
2014
$83,758
3%
$3,693,244
5%
2013
$81,301
—
$3,522,310
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2340 SW 32nd Ave
2340 SW 32nd Ave, Miami, FL 33145 (MLS# A11522025) is a Commercial Land property with a lot size of 1.6 acres. 2340 SW 32nd Ave is currently listed for $15,920,000 and was received on January 18, 2024. Want to learn more about 2340 SW 32nd Ave? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.