Description
A very uniquely designed development being completed and set to be delivered with certificate of occupancy by January 2026 in Little Havana, this is a 21-unit multifamily bldg 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 reduced cost of construction to developers comparing alternate site in the area, and thereby keeps rents affordable to local residents. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, motel/lodging use operators can get licensure to operate a combination of units for short-term rental. See attachments for Floor Plans and more
Details
| MLS # | A11876594 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 345 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Mauricio Villasuso |
Features
| SQ Feet | 10,769 |
|---|---|
| Zoning | T5-L |
| Acreage | 0.17 |
Taxes
| Tax Annual Amount | 10515 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 2410 |
| Listing VS Median (in 33135) | |
Price: $6,999,999 low | high Med: $5,950 sqft: 10,769 low | high Med: 2,598 $ / sqft: $650 low | high Med: $2 On site: 345 low | high Med: 119.5 | |
Market Activity 33135
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 2410 |
| Listing VS Median (in 33135) | |
Price: $6,999,999 low | high Med: $5,950 sqft: 10,769 low | high Med: 2,598 $ / sqft: $650 low | high Med: $2 On site: 345 low | high Med: 119.5 | |