719 Biltmore Way

$5,950,000

About This Property

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 / Boat Docks
StatusActive

Community Information

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

Amenities

Utilities

Electricity Available, Sewer Available, Water Available

Additional Information

Date ListedJune 19th, 2019
Days on Market129
Pets RestrictionsN

Listing Details

Listing Courtesy ofAcosta & Associates Inc

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of Realtors, and is updated as of October 21st, 2019 at 7:00pm EDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Coldwell Banker Real Estate shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2019 MLS of MAR.

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Listing information last updated on October 21st, 2019 at 7:00pm EDT.

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