2790 SW 29th Ave

RE/MAX 360 proudly presents a prime redevelopment Directly along the UNDERLINE": "GROVE COSMOPOLITAN REDEVELOPMENT" The offering is comprised of (2) single-family homes contiguous, totaling +/—13,000 feet of land. The lot(s) allow 107 units via Live Local on (7) floors, reducing parking by 80-85%. The third property would add 26 units and allow a deeper parking garage. The lots benefit from favorable T 5-O zoning and T4L on the Western lot, which allows for a development density of 132 units per acre via "SB 102." The property is located in the TOD (transit-oriented development boundary), which allows for even greater density and intensity and the complete elimination of parking requirements. The offering currently has two single-family homes in the "SYLVANMERE " subdivision. The property abuts the underline directly to the South. In our analysis, the highest and best use is redevelopment for a mixed-use project with anywhere from 100 to 135 units on 8 stories or less. The 3rd home would accept offers to be included.