7,500 Sq. Ft. Multi-Family land within East Little Havana

  • $780,000
850, Southwest 2nd Street, Latin Quarter, Miami, Miami-Dade County, Florida, 33130, United States
  • Land development
  • Property Type
  • 7,500 Sq Ft
  • Lot ft²
For Sale
7,500 Sq. Ft. Multi-Family land within East Little Havana
850, Southwest 2nd Street, Latin Quarter, Miami, Miami-Dade County, Florida, 33130, United States
  • $780,000

Details

Updated on September 21, 2024 at 12:31 am
  • Property ID: FC-850 sw
  • Price: $780,000
  • Land Area: 7,500 Sq Ft ft²
  • Property Type: Land development
  • Property Status: For Sale

Description

7,500 Sq. Ft. Multi-Family land within East Little Havana. There is immense potential, either a market rate project of 6 units at any unit configuration or City of Miami double density workforce program which allows for development of 12 apartments; 2 units at 30% AMI, 1 unit at 50% AMI, and 9 units at 100% AMI (average median income). The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area.

Riverside park is nearby, and one block from the A-rated school Ada Merritt K-8 Center makes this idyllic location which will capture the interests of residents for years to come. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed- use infill development like this. Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.

Property Documents

850 SW 2 ST-MV-CC-FLYER
  • Address 850, Southwest 2nd Street, Latin Quarter, Miami, Miami-Dade County, Florida, 33130, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33130

Compare listings

Compare
Christopher Carbonell
  • Christopher Carbonell