Development Opportunity in Coconut Grove

3850 S Dixie Hwy Miami, FL 33133

3850 S Dixie Hwy, Miami, FL, 33133
3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133 3850 S Dixie Hwy, Miami, FL, 33133
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Nov 22, 2024

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Highlights

  • Rare offering of urban land for development
  • Coconut Grove Submarket
  • On US1 corridor (Northbound)
  • Generous zoning
  • Ideal for multi-family, hotel, office or mixed use.
  • Opportunity zone
  • Survey available

Description

The Keyes Company is proud to be the exclusive broker of this rare land offering-a 100% fee simple interest in the prime redevelopment site located at 3850 South Dixie Highway in the southern part of the Coconut Grove submarket. This coveted parcel is ideally suited for a higher and better use through the opportunties afforded to a developer by Miami 21 T-6-8 O zoning and opportunity zone incentives. The site has excellent exposure and is well located. The property is proximate to our metrorail system, buses, and the new Miami Underline. Coconut Grove is a mix of local, regional, and national retailers, private and public offices, and residential uses. Additionally, the property is one mile from the heart of the resurgence going through in Coconut Grove and a quarter mile from Coral Gables.

This prime redevelopment site is located in the City of Miami on the southside of the Coconut Grove submarket directly on the US1 (South Dixie Highway) corridor.

Lot Size: 0.68 acres


Documents

Brochure

Map of 3850 S Dixie Hwy, Miami, FL, 33133

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.