Rare development opportunity in the heart of Coconut Grove! Fully leased, income-producing duplex on a duplex-zoned lot. Ideal for new construction—conceptual plans available to build two luxury townhomes (approx. 1,845 SF each, 3 bed / 3 bath). Estimated hard cost ~$200/SF; projected all-in cost per townhome ~$1.3M. Resale comps in the $1.6M+ range offer strong upside for developers. Utilities at street. Survey and conceptual plans available. Lot may be split—buyer to verify with city. Prime location near parks, shops, schools, and dining. Drive by only—do not disturb tenants. Showings will be scheduled for serious buyers only.
