Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 12750, 12750 sq ft
- Year built: 1941
- County: Miami-Dade
- MLS ID: A11917999
Description
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Description:
12 53 41 ROYAL PALM GARDENS PB 7-71 S110FT LOTS 12 & 13 LESS E15FT BLK 5 LOT SIZE 9350 SQUARE FEET OR 10966-1394 1280 6 COC 25969-1003 09 20 PRESENTING AN EXTREMELY VERSATILE TURN-KEY ASSEMBLAGE IN THE HEART OF LITTLE RIVER’S EVOLUTION; WHERE DESIGN,
DINING & RE-DEVELOPMENT CONVERGE.This meticulously maintained two-parcel rental compound is desirably situated adjacent The Citadel, offering a beautifully re-imagined 4-plex + single-family residence each delivered fully-renovated, designer-furnished, and ready for immediate use. With underlying T5-O commercial zoning, this opportunity provides rare optionality for maximizing investment potential, appealing to:
Show all description
--Multi-family investors & short-term rental operators seeking a plug-and-play rental hub in the most walkable pocket to F&B and retail.
--Boutique hotel / hospitality groups envisioning a creative adaptive-reuse retreat framed by lush landscaping and curated interiors.
--Specialty-use or institutional operators (school, wellness, design collective, etc.) seeking beautiful grounds and multiple structures ready for immediate occupancy.
--Bullish covered-land buyers holding for future redevelopment—by-right potential for 19 units / 5 stories, or up to 292 units / 8–12 stories under Live Local Act incentives.
Building Details
- Structure Type: Apartment
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $14,371
Miscellaneous
- List Office Name: The Alpha Commercial Advisors LLC
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami was built in 1941, and is listed at $2,795,000.