Little Havana Fourplex with T5-O Zoning

  • $1,150,000
620, Southwest 13th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33135, United States
  • Multi-family
  • Property Type
  • 1980
  • ft²
  • 5000
  • Lot ft²
For Sale
Little Havana Fourplex with T5-O Zoning
620, Southwest 13th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33135, United States
  • $1,150,000

Details

Updated on July 10, 2024 at 4:18 pm
  • Price: $1,150,000
  • Property Size: 1980 ft²
  • Land Area: 5000 ft²
  • Property Type: Multi-family
  • Property Status: For Sale

Description

Discover the untapped potential of this gem nestled in Little Havana, this Spanish-style 4-plex, comprised of two 1bed/bath units, & two 2 bed/1 bath offers gated parking. 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. T5-O 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 14. It is clear that Miami is on a vector for continued growth, tap into the site now and take part immediately.

Property Documents

620 SW 13 AV-CC-MV-FLYER
  • Address 620, Southwest 13th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33135, United States
  • State/county Miami-Dade County
  • Zip/Postal Code 33135
  • Country United States

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Christopher Carbonell
  • Christopher Carbonell