Development, Restaurant, Retail
598 East Atlantic Boulevard, Broward County, Florida, 33060
Size:
4,850
sq. ft.
Price:
$2,600,000
Development Opportunity
One Sotheby's International Realty is proud to present an exceptional development opportunity located at 4019 S LeJeune Rd., in the vibrant city of Coral Gables, FL. This property offers an ideal space for developers looking to establish their presence in a prime and bustling location, consisting of 4,850 SF and featuring 50' of frontage on LeJeune Rd. Zoning allows for Retail/Residential with a maximum of 11,469 sf. The maximum building footprint is 3,825 sf allowing for 18 dwelling units with a three story maximum height.
Facing SW 42nd Ave., also known as LeJeune Rd., the property has an average of 26,000 vehicles per day (VPD). LeJeune Rd. is one of the city's main arterial corridors connecting various neighborhoods and provides access to many popular destinations within the city and the surrounding areas of Miami-Dade.
Situated in Coral Gables, FL the "City Beautiful", 4019 S LeJeune Road benefits from an excellent location surrounding a multitude of residential, retail and office buildings. The property benefits from being in a highly dense residential area consisting of multiple affluent neighborhoods just across Bird Road, thereby providing potential customers and facilitating a wide range of businesses. With its strategic positioning, this property presents a lucrative opportunity for any investor or developer seeking to own real estate in an optimally concentrated residential and commercial mixed area.
4019 S LeJeune Road benefits from numerous public transportation systems running directly through and in close proximity to the property. The MetroBus system has two separate directional routes, North-South and East-West, both crossing in front of the property, as well as the Miami Dade Metrorail station just half a mile away.
Investment Highlights
- 50' frontage on LeJeune Rd.
- Very Walkable (85 Walk Score)
- Multiple options for public transportation
- Centered between commercial and residential areas
- Property is centrally located near the Miami International Airport, Coconut Grove, Brickell, Downtown and Wynwood.