Prime development opportunity in the heart of Little Havana. This 7,024 SF lot at 705 NW 18th Pl is zoned T6-8-O, allowing up to 24 residential units by right, with flexibility for commercial uses such as parking, storage, or mixed-use development. Located just one block from LoanDepot Park (Marlins Stadium), the site offers strong visibility and accessibility in a rapidly transforming area.
The property also qualifies under Florida’s Live Local Act, enabling developers to maximize density, height, and use incentives when incorporating affordable or workforce housing. This legislation provides an added advantage for investors looking to build higher and denser in infill urban corridors like Little Havana.
705 NW 18th Pl, Miami, FL, 33125
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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