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745 SW 3 Miami, FL 33130
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Key Details
Sold Price $1,250,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision City Of Miami South
MLS Listing ID A11473799
Sold Date 02/27/24
HOA Y/N No
Annual Tax Amount $18,554
Tax Year 2023
Contingent No Contingencies
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Description
15,000 Sq. Ft. Multi-Family land within East Little Havana. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 12 units however city programs exist with mixed-income development that allows for double the density to 24. Phase provides have reviewed and approved for 24: 2 bedroom 1 bath building, concept with 1 parking space per dwelling and flexibility for amenities available. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.
Location
State FL
County Miami-dade County
Community City Of Miami South
Area 41
Exterior
Utilities Available Cable Available, Electricity Available, Other, Phone Available
Waterfront No
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-02-02-020-1170
Financing Cash
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Bought with Great Properties International LLC
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