$16,000,000

Estimated payment $98,440/month

Total Views 2,411
1.26 Acres
$12,698,413 Price per Acre
54,886 Sq Ft Lot

About This Lot

Extremely rare two-block assemblage at the edge of Coral Gables. Located in the medical district, two blocks from Coral Gables Hospital. 1.14 acres of T6-8-O zoned land and .12 acre T3-O lot. 172 units by right, with additional height and density via Live Local. Less than a mile from The Link at Douglas development, featuring a 37-story tower and two 39-story towers. The site includes a specialty medical center (owner-occupied), a multifamily building, and three fully rented mixed-use buildings. The site abuts T3-O properties, limiting height on the western boundary. T6-8-O is one of Miami’s most desirable mid-rise zoning designations, allowing for apartments, retail, and office use. Combining the multifamily lot with the northern lot and rezoning to T6-8-O offers additional flexibility.

Listing Agent

Andros Sarduy

Synergy Realty Advisors License #3225429

Co-Listing Agent

Giovanni Vasquez

Synergy Realty Advisors License #3333058

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109,660

Year Built

  • 1959

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 450x150
  • Property is zoned 6100

Additional Features

  • City Lot
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Douglas Manor Condos
  • Douglas Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-17-002-0012

Property Details

Property Type

Land

Est. Annual Taxes

$109,660

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: SGRA01
  • Co List Office Phone: 786-536-7287
  • Horses: No
  • Lot Size Acres: 1.26
  • Lot Size: 450x150
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: DOUGLAS MANOR
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1959

Interior Features

  • Possible Use: Central Urban, Other Plan Use

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DOUGLAS MANOR

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Natural Gas Connected, Other Utilities Available, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-17-002-0012
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 55207
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Scheduled Income: 360000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 109660

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,608 $564,819 $548,930 $15,889
2023 $11,608 $532,539 $516,640 $15,899
2022 $10,857 $544,623 $0 $0
2021 $10,519 $495,112 $452,060 $43,052
2020 $10,545 $495,121 $452,060 $43,061
2019 $10,533 $493,443 $452,060 $41,383
2018 $10,336 $493,452 $452,060 $41,392
2017 $10,454 $493,462 $0 $0
2016 $10,612 $483,377 $0 $0
2015 $10,857 $488,260 $0 $0
2014 -- $487,142 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 For Sale $16,000,000 +3100.0% --
02/24/2012 02/24/12 Sold $500,000 -44.7% $77 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
05/24/2010 05/24/10 For Sale $904,000 -- $140 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $500,000 Attorney
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $440,000 --
Warranty Deed $100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,293,750 Future Advance Clause Open End Mortgage
Previous Owner $330,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11761030

MIAMI REALTORS® MLS

APN: 01-4117-002-0012