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$ 2,400,000
Est. payment | /mo
5,616 SqFt
$ 2,400,000
Est. payment | /mo
5,616 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $427
MLS Listing ID A11785389
HOA Y/N No
Year Built 1924
Annual Tax Amount $26,364
Lot Size 0.517 Acres
Property Sub-Type Multi Family
Property Description
$4,900,000 Prime 22,500 SF site in West Little Havana with T5-O zoning, ideal for Live-Local/SB102 development, allowing over 300 units and up to 24 stories (48 with bonuses), no FLR limits. Includes three parcels: one with a 12-unit "Old Spanish" apartment (7,500 SF), and two 1954 5-unit buildings (15,000 SF), all 1 bed/1 bath. Located near Brickell and Downtown, along vibrant Calle Ocho, attracting 3M+ tourists yearly. Close to Ball & Chain, Union Beer Store, and more, with retail rents nearing $60psf. SW 17 AV frontage offers easy access to Coral Gables, airport, and high-frequency transit. Little Havana's central location and booming development make it a hotspot for high-income residents and businesses.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-02-014-0040
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11785389
Listed by Fausto Commercial Realty Consultants Inc