Listed by Genesis Realty Team
$1,100,000
3653/3657 Central Avenue
Details
Property Type Office, Mixed Use
Sub Type Executive Office, Medical Office
Square Footage 4,110
Occupancy 100%
Tenancy Single
Acreage 0.760
Former Medical facility and currently a church
Investment highlights
Key aspects of the redevelopment plan include:
- Midtown Vision Plan: A plan targeting 243 acres south of downtown to add 4,000+ residential units, commercial office space, and 5 acres of public space, turning it into a dense, walkable urban center.
- Downtown & Riverfront: Upgrading the downtown core, including the yacht basin, retail, and hotels to connect with the riverfront.
- MLK Jr. Blvd Corridor: Investing in the MLK corridor to improve infrastructure and aesthetics, including purchasing property for development.
- City of Palms Park Redevelopment: The demolition of the former stadium to create a mixed-use development, including a new hotel and retail.
- Brownfields Program: Utilizing federal EPA grants for environmental assessment to turn contaminated properties into productive, safe, active spaces.
- $650,000 to purchase three empty properties on MLK Blvd to foster development.
- Residential Programs: Providing grants for home exteriors in the area.
Listing Contacts
Listed by Genesis Realty Team
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