Miami, FL 33128,1101 NW 5th St
Miami, FL 33128,1101 NW 5th St
Miami, FL 33128,1101 NW 5th St
Miami, FL 33128,1101 NW 5th St
Miami, FL 33128,1101 NW 5th St
Miami, FL 33128,1101 NW 5th St
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$320,000

$350,000

8.6%
Est.Price: ?

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Est. payment /mo

4,791 Sqft Lot


SOLD DATE : 04/13/2021

Key Details

Sold Price $320,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Lawrence Estate Land Co

MLS Listing ID A10675135

Sold Date 04/13/21

HOA Y/N No

Annual Tax Amount $2,877

Tax Year 2018

Contingent No Contingencies

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Description

5,000 Sq. Ft. Multi-Family land within 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 4 units however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Beckham staidum, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.

Location

State FL

County Miami-dade County

Community Lawrence Estate Land Co

Area 41

Exterior

Utilities Available Other

Waterfront No

Present Use Multi-Family

Building

Lot Description <1 Acre

Sewer Other

Water Other

Others

Tax ID 01-41-02-005-0490

Financing Cash

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Listed by Fausto Commercial Realty Consultants Inc
Bought with Miami New Realty
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