Site Plan Approved, Little Havana, Miami, FL for 24 units w/ 100% parking reduction asking $54,000/door land cost. Alternatively, a new buyer could start over & seek the potential to build up to 12 stories & 32 units under the new SB-102 Live Local Act which at only $41,000/unit land cost. Site benefits from back alley for car circulation for parking garage. Rents are $4.0/SF/mo & apartment sales closed at $474,000/door. 9,434 SF vacant lot in the Little Havana “Transit Corridor”, in path of progress btwn Brickell, Gables, & Grove & near MIA airport as well as Marlin’s Stadium & Publix Sabor. Participate in the regentrification, surge of growth, & development in the rental market where rents are strong & for multifamily around Calle Ocho & W. Flagler.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial 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. Data last updated on December 6, 2023

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