$1,650,000 Price Analysis    ♡   Miami, FL 33135 Unknown bed 0 bath unknown SqFt ($0/SqFt) 7,125SqFt lot. Listed 2024-02-05, Taxes $8,115 | Ⓧ USDA Ineligible due to property near Miami |
A uniquely designed shovel-ready land development opportunity in Little Havana to build a 21-unit multifamily building is now availble.
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.
Presented by Maurico Villasuso at
Fausto Commercial Realty Consultants Inc.
Property MLS #A11527894 from MiamiMLS
Lot Size Acres: 0.1635675
Lot Size Dimensions: 50x142
Lot Size Square Feet: 7125
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: Land
Source Neighborhood: LAWRENCE ESTATES LAND COS
Parcel Number: 01-41-02-006-1990
Postal City: Miami
Postal Code Plus 4: 2404
Subdivision: LAWRENCE ESTATES LAND COS
Zoning Description: T5-L
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $18,970 + $356,250 $375,220 | $8,115 |
| 2021 | $unknown + $unknown $350,255 | $8,097 |
| 2020 | $33,414 + $285,000 $318,414 | $7,161 |
| 2019 | $unknown + $unknown $296,005 | $5,810 |
| 2018 | $5,486 + $285,000 $290,486 | $5,585 |
| 2017 | $6,230 + $249,375 $255,605 | $4,633 |
| 2016 | $unknown + $unknown $157,996 | $4,051 |
| 2015 | $unknown + $unknown $143,633 | $3,849 |
| 2014 | $unknown + $unknown $145,736 | $3,852 |
| 2013 | $unknown + $unknown $132,488 | $3,381 |
| 2012 | $unknown + $unknown $130,018 | $3,317 |
| 2011 | $unknown + $unknown $122,601 | $3,168 |
| 2010 | $unknown + $unknown $265,101 | $6,797 |
| 2009 | $unknown + $unknown $308,638 | $6,511 |
| 2008 | $unknown + $unknown $344,265 | $7,220 |
| 2007 | $unknown + $unknown $344,265 | $7,398 |
$1,650,000
MiamiMLS
Listed 2024-02-05
$1,850,000
MiamiMLS
Sold 2022-08-01
$1,150,000
MiamiMLS
Listed 2022-05-04
$1,365,000
MiamiMLS
Sold 2019-10-30
$340,000
Public Record
Listing removed 2012-03-16
$16,500
MiamiMLS
Listed 2012-03-15
$16,500
MiamiMLS
Sold 2000-10-14
$65,000
Public Record
Sold 1992-06-25
$45,000
Public Record
ElectricityAvailable
NaturalGasAvailable
WaterAvailable
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.