Rare DH3 Redevelopment Opportunity – 10+ Unit Potential Exceptional investment and development opportunity on a 6,720 sq ft lot zoned DH3 (Dixie Highway High Intensity Multi-Family District). This prime parcel allows up to 8,399 sq ft of total building area (FAR 1.25), 3 stories, and unlimited residential density. The existing 2-bed/2-bath home (~730 sq ft, built 1951) is currently rented at $2,500/month, providing immediate cash flow. However, the real potential lies in redevelopment: this site can realistically support 10+ apartment units or a mixed-use building with retail on the ground floor. Key Development Specs: Max Building Area: 8,399 sq ft Max Height: 35 ft / 3 stories Minimum Open Space: 40% Allowed Uses: Multifamily, mixed-use, retail, restaurants, offices, hotel, and more
22 days
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173
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14
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Zillow last checked:
Listing updated:
Listed by:
Randall Sanz305-968-6238,
RE/MAX 5 Star Realty,
John DeMarco954-453-1000,
RE/MAX 5 Star Realty
Source: MIAMI,MLS#: A12041315Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Family Room
Heating
Window/Wall
Cooling
Wall/Window Unit(s)
Appliances
Included: Dishwasher, Electric Range, Electric Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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