Duplex lot in Coconut Grove. Amazing development opportunity for two luxury town homes. This 6,800 sqft lot is just steps from three parks in Center Grove, minutes from Downtown Coconut Grove, Biscayne Bay, marina and other amenities. There is an existing duplex on the property consisted of a 2/1 and 1/1 units. producing close to $2,400 in rent, way below what market rates are in the current condition. PLEASE DO NOT GO TO THE PROPERTY OR WALK AROUND AND PLEASE DO NOT DISTURB THE TENANTS!!. Please make an appointment with the LA to walk in the back yard with 24 hours notice! Make an offer subject to seeing inside the units. SOLD FOR LAND VALUE. Cash offers only. Owners may do short term owner financing with 50% down payment at market terms.
