Price improvement! Great potential residential development opportunity on 2.3 acres within the Urban Development Boundary (UDB) and Rapid Transit Zone (RTZ) in a rapidly growing area of South Miami-Dade County! Currently zoned AU with potential to rezone up to 36 units per acre plus affordable housing density bonus for up to 102 units total. Property has canal frontage and is situated less than 1/2 mile from US1, with direct access via SW 124 Avenue. Located 2 miles South of Southland Mall (future proposed $1B Southplace City Center project). Surrounded by active residential and commercial development activity in the area.