Address1254 Sw 2Nd St, Miami, FL, 33135-2404

Price$1,850,000

  • Land

    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, motel/lodging use operators can get licensure to operate this for short-term rental.

    Essential Information

    • MLS® #A11527894
    • Price$1,850,000
    • Bathrooms0.00
    • Acres0.16
    • TypeLand
    • StatusActive

    Community Information

    • Address1254 Sw 2Nd St
    • Area41
    • SubdivisionLAWRENCE ESTATES LAND COS
    • CityMiami
    • CountyMiami-Dade County
    • StateFL
    • Zip Code33135-2404

    Amenities

    Exterior

    • Lot Description50x142

    Additional Information

    • Date ListedFebruary 5th, 2024
    • Days on Website183

    Listing Details

    Utilities

    Cable Available, Electricity Available, Natural Gas Available, Water Available

    Office

    Fausto Commercial Realty Consultants Inc

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    Similar Listings To: 1254 Sw 2Nd St, Miami

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