• Price$5,950,000

719 Biltmore Way, Coral Gables

Coral Gables' most outstanding opportunity for development on Biltmore Way, the Park Avenue of Coral Gables. The Zoning District is MF-2 (subject to Site Specific Regulations). Max Permitted Density 21 units (apartments pr condominiums). Max Permitted Height 16 stories or 190.5 feet. Max Permitted Floor Area Ratio 29,960 sq ft (this does not include parking garage, terraces, open stairs or lobby). Lot size 12,000 sq ft (survey available). See Attachment for Zoning Analysis, unit mix scenario & Rendering. Existing on property is a 12 unit apartment building 100% leased, in mint condition, with substantial income (NOI $156,000) until developer is ready to demolish it. DO NOT DISTURB TENANTS

Essential Information

  • MLS® #A10694013
  • Price$5,950,000
  • Bathrooms0.00
  • Acres0.00
  • TypeLand
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Sewer Available, Water Available

Listing Details

  • Listing Office:Acosta & Associates Inc

Community Information

  • Address719 Biltmore Way
  • Area41
  • SubdivisionCoral Gables Biltmore
  • CityCoral Gables
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33134-7554

Additional Information

  • Date ListedJune 19th, 2019
  • Days on Market125
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