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2940 Oak Ave - Coconut Grove "Oak Avenue" shovel ready site
0.15 Acres of Commercial Land Offered at $12,635,097 CAD in Miami, FL 33133
Investment Highlights
- Excellent location in the heart of Coconut Grove
- Short Term land lease in place
- Approved Plans
Executive Summary
Net Rentable Area Office: +/- 15,000 SF Ground: 4547 SF
Roof Top: 3,436 SF Total: 27,556 SF
Site Size: 6,618 SF | 0.152 Acres Parcel Number: 01412-034-0310
Zoning T5-O, Urban Center Zone
to be delivered with plans & approvals
Short term lease in place
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $12,635,097 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Price | $12,635,097 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
1 Lot Available
Lot 01-4121-03
| Price | $12,635,097 CAD | Lot Size | 0.15 AC |
| Price Per AC | $83,165,030 CAD |
| Price | $12,635,097 CAD |
| Price Per AC | $83,165,030 CAD |
| Lot Size | 0.15 AC |
The GROVE OAK is a fully entitled 27,556 square-foot Class A mixed-use asset envisioned with a bottom floor retail/commercial, open-air patio. The development will house four floors of class-A offices and an open-air rooftop terrace with Grove views.
Description
2940 OAK AVENUE | COCONUT GROVE, FL 33133 The GROVE OAK Building Net Rentable Area Office: +/- 15,000 SF Ground: 4547 SF Roof Top: 3,436 SF Total: 27,556 SF Site Size: 6,618 SF | 0.152 Acres Parcel Number: 01412-034-0310 Zoning T5-O, Urban Center Zone The GROVE OAK is a proposed 27,556 square-foot Class A mixed-use asset envisioned with a bottom floor retail/commercial, open-air patio. The development will house four floors of class-A offices and an open-air rooftop terrace with direct views of Grove Harbor. Location & Access The Property is located on the south side of Oak Avenue, between Virginia Street and Rice Street in Coconut Grove.
PROPERTY TAXES
| Parcel Number | 01-4121-034-0310 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,026,859 CAD |
PROPERTY TAXES
zoning
| Zoning Code | C2 (Commercial Business T5-O) |
| C2 (Commercial Business T5-O) |
-
Agustin Duarte -
Billy Planes -
ReMax 360
Presented by
2940 Oak Ave - Coconut Grove "Oak Avenue" shovel ready site
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