300 SW 12 AVE

300 SW 12 AVE

PRICE

$ 4,000,000

Description

Little Havana Urban Core Development Site. The neighborhood is located center of all the major
employment centers of our city: Downtown, Brickell, Health and Civic Center, Gables, and the Airport; with
a high transit and mobility enhanced grid and pedestrian-friendly environment. Because of the scarcity of
mid-income-range product, and with residents being priced out of neighboring areas due to skyrocketing
rents, little Havana is experiencing a boom of development. This guarantees full occupancy and a strong

story of sustained rent growth for time to come. The site is best served by being entitled through a Live-
Local/SB102 process. Applied to this lot, SB102 would allow for over 688 buildable units and up to 24

stories of height or 48 with bonuses, with no FLR restrictions. In other words, the only density or height
limitation on this property will be based on how efficiently you handle parking within the building envelope.
Site is beautifully laid out in a 300 x 100 rectangle which allows for hyper-efficient design layout and cost to
build, with frontages on two streets, allowing for ease of design of interior parking and circulations

Details

Property Use:
Development Site
Property Type:
Status:
Building Size:
Building Class:
Oportunity Zone:
Year Built:
No. Of Units
Property Subtype:
LOT SIZE:
30,000
Parkin Ratio:
Price Per Unit:

Gallery

BROKERS

Mauricio Villasuso

mv@faustocommercial.com

305.340.8901