Basic Information

  • MLS # A11527894
  • Type Commercial / Business / Agricultural / Industrial Land
  • Status Active
  • Subdivision/Complex Lawrence Estates Land Cos
  • Year Built 0
  • Total Sqft 7,125
  • Date Listed 02/05/2024
  • Days on Market 83
Description

A very uniquely designed shovel-ready land development opportunity in Little Havana to build a 21-unit multifamily building is now available. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments 3 units 30 AMI, 2 units at 50 AMI, and 16 units at 140 AMI average median income. It has a 100 parking exemption which reduces cost of construction to developers comparing alternate site in the area. 20 Units are oversized Studios easily converted to 1 bedroom, 400-460 SF, and 1 one bedroom 500 SF. An alternative strategy, by paying deferred impact fees, motellodging use operators can get licensure to operate this for short-term rental.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 7,125
  • Sqft 7,125

Property Features

  • Address 1254 SW 2nd St
  • Aprox. Lot Size 7,125
  • City Miami
  • County Miami-Dade County
  • Furnished Info No
  • Lot Description 1 Acre, Irregular Lot
  • Lot Features 1 Acre, Irregular Lot
  • Possession Negotiable
  • Postal City Miami
  • Public Survey Township 1
  • Sewer Description Other
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lawrence Estates Land Cos
  • Tax Amount $10,468
  • Tax Information LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 LESS N7 12FT BLK 81 LOT SIZE 7125 SQUARE FEET OR 19321-1481 0900 1
  • Tax Year 2023
  • Water Source Public

1254 SW 2nd St

Miami, FL 33135

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 305-431-2258

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