3151 Mcdonald StMiami, FL 33133
- Residential income properties
Property Details for 3151 Mcdonald St
- Year built
- 1959
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional investment opportunity presents a portfolio of five duplexes (ten units total) situated on an approximately 40,000 square foot lot in Miami's vibrant Coconut Grove neighborhood. Built in 1959, this one-story property is located at 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave, Miami, FL 33133. The property is zoned T3-O, allowing for the development of up to 18 units per acre, presenting significant potential for future expansion or redevelopment. Its prime location offers unparalleled convenience, with proximity to CocoWalk, a variety of restaurants and shops, top-rated schools, and the scenic Bay. Residents enjoy easy access to prestigious schools like Ransom Everglades and Carrollton School of the Sacred Heart, CocoWalk's open-air mall, beautiful parks, upscale dining, Dinner Key Marina, and all the attractions Coconut Grove is known for. The asking price for this multifamily investment is $10,750,000. This is a rare opportunity to acquire a well-positioned portfolio in a highly desirable area with significant upside potential.
Location Insight
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.7325
- Longitude
- -80.2455
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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