1254 SW 2nd St, Miami, FL, 33135
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.
Status:
Active
Type:
Lot / Acreage
Zoning:
T5-L
Subdivision:
LAWRENCE ESTATES LAND COS
Acreage:
0.16
Est. Taxes:
$10,468
Utilities
Cable Available,Electricity Available,Natural Gas Available,Water Available
Lot Description:
<1 Acre,Irregular Lot
Days on Market:
10
MLS #:
A11527894
Community Info
School Info
Walk Score
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Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 305-431-2258