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$12,000,000
Est. payment /mo
0.7 Acres Lot
UPDATED:
09/30/2024 09:35 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11400681
HOA Y/N No
Annual Tax Amount $31,948
Tax Year 2023
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 320x100
Property Description
Unique Calle Ocho Covered Land Play. Retail complex producing $414,000 in income with excess land still to be rented, on 34,227sf of T68O land. Land by right allows for 117 units, or 234 units if taping into affordable density bonuses or going for hospitality uses, mixed with retail, office, and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana, and other upcoming developments. but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with great transit connectivity.
Location
State FL
County Miami-dade
Area 41
Exterior
Utilities Available Natural Gas Available
Street Surface Other
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 01-41-03-000-0420
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Listed by Fausto Commercial Realty Consultants Inc
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