2797 SW 27th Ter
Miami, FL 33133 Northeast Coconut Grove

RE/MAX 360 proudly presents a prime redevelopment Directly along The Underline "GROVE CENTER CONDO".

The offering is comprised of (1) single-family home & 1 duplex totaling +/- 10,000 feet of land. The lot(s) assemblage allows 75 units via Live Local on (8) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building.

The lots benefit from favorable T5-O zoning. The property sits in the TOD (Transit Orient Development Boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with 75 units via Live Local on (8) floors.