$12,000,000 Price Analysis 1923 SW 8th StMiami, FL 33135 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.79 acre lot. Listed 2023-06-08, Taxes $31,947 | Ⓧ USDA Ineligible due to property near Miami |
Retail complex producing $414, 000 in income with excess land still to be rented, on 34, 227sf of T68O land. Land by right allows for 117 units or 234 units if taping into affordable densty bonuses or going for hospitality uses, mixed with retail, office and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana and other upcoming developments.
but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with exceptional transit connectivity.
Presented by Alessandro Lima at
Fausto Commercial Realty Consultants Inc.
Property MLS #A11400681 from MiamiMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $1,485,000 | $31,947 |
2021 | $unknown + $unknown $1,485,000 | $32,970 |
2020 | $unknown + $1,350,000 $1,350,000 | $28,752 |
2019 | $unknown + $1,350,000 $1,350,000 | $28,817 |
2018 | $unknown + $unknown $790,614 | $20,326 |
2017 | $unknown + $1,080,000 $1,080,000 | $17,752 |
2016 | $unknown + $unknown $653,400 | $15,407 |
2015 | $unknown + $unknown $594,000 | $14,851 |
2014 | $unknown + $540,000 $540,000 | $12,246 |
2013 | $unknown + $unknown $699,898 | $15,853 |
2012 | $unknown + $unknown $714,485 | $15,424 |
2011 | $unknown + $unknown $604,776 | $14,645 |
2010 | $unknown + $unknown $891,395 | $21,578 |
2009 | $unknown + $unknown $966,791 | $22,228 |
2008 | $unknown + $unknown $996,699 | $22,561 |
2007 | $unknown + $unknown $915,699 | $20,287 |
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.