$1,000,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 12/08/2023
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Lawrence Estate Land Co
MLS Listing ID A11294232
Sold Date 12/08/23
HOA Y/N No
Annual Tax Amount $8,829
Tax Year 2022
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Description
4x multiplier, 2 double lots of 15,000 Sq. Ft. assemblage in East Little Havana that consists of one vacant lot and adjacent income producing Duplex generating $4,400/month. Second Site is on 745 SW 3 ST. T4-R same 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 that allows for double the density to 24. Phase provider have approved for 24: 2 bedroom 1 bath building, concept w/ 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 Lawrence Estate Land Co
Area 41
Exterior
Utilities Available Cable Available, Electricity Available, Other
Waterfront No
Street Surface Other
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 01-41-02-005-3920
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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