625 SW 16 AVE MULTIFAMILY DUPLEX ON T5-ASSEMBLAGE

Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed/2 bath, & 2 bed/1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A/C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching.

T4-L zoning here allows eligibility to tap in Florida’s new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available. Given the location, accessibility is key and commute times to Coral Gables, Downtown, and Brickell – are all within a mere 10-minute drive for future residents. The City also offers a more simplified Double Density Program which doubles the unit count to a potential of 8. It is clear that Miami is on a vector for continued growth, tap into the site now and take part immediately. Adjacent eight is also being offered for those seeking the assemblage – contact us immediately