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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.86 acres
Fausto Commercial presents a 37,500 SF two-folio development assemblage spanning SW 3rd to SW 4th Street just off SW 12th Avenue in Little Havana, priced at $176 per land foot and positioned for high-density Live Local entitlement in one of Miami's fastest-growing rental submarkets. Little Havana is in the middle of a development boom driven by a shortage of mid-income housing. As rents climb in Brickell and Downtown, renters are moving west for value, supporting high occupancy and sustained rent growth for years to come. Under Florida's Live Local Act (SB 102), both the 15,000 SF T5-O and 22,500 SF T4-L portions qualify, supporting ±860 residential units and up to 24 stories (48 with bonuses). Frontage on two streets eases parking and circulation; the T4-L portion carries its own setbacks. At roughly $7,700 per buildable unit, this is one of the most efficient land bases in the urban core.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.86
-
Lot Size(square feet)
15,000
-
Property Type
Land
Price
-
Sales Price
$6,600,000
-
Tax Amount
$29,644
-
Financing Options
Cash, Conventional
-
Zoning
6101
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Christopher Carbonell, Fausto Commercial Realty Consultants Inc
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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