Prime Development Opportunity!Exceptional opportunity to acquire 7,500-square-foot lot in rapid developing Riverside neighborhood, just minutes from LoanDepot Park (formerly Marlins Stadium). This property offers the potential to develop a 3 story 6-unit multifamily residential project in the heart of Little Havana.The existing improvements include a 2-bedroom, 1-bath single-family home and a separate 1-bedroom, 1-bath residence. Together, the two units are currently generating rental income, providing immediate cash flow while development plans and permitting are underway.Whether you're an investor or developer, this property offers an excellent combination of current income and future development potential in one of Miami's most active growth corridors.
| MLS # | A12060010 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 103 |
| Listing Provided By | Compass Florida, LLC | Ana L Rasco |
| SQ Feet | 1,880 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | 3900 |
| Acreage | 7500.00 |
| Tax Annual Amount | 11624 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33128 |
| Area | 2410 |
| Community Name | LAWRENCE EST LAND CO |
| Listing VS Median (in LAWRENCE EST LAND CO) | |
Price: $790,000 low | high Med: $535,000 sqft: 1,880 low | high Med: 1,090 $ / sqft: $420 low | high Med: $491 On site: 103 low | high Med: 152 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33128 |
| Area | 2410 |
| Community Name | LAWRENCE EST LAND CO |
| Listing VS Median (in LAWRENCE EST LAND CO) | |
Price: $790,000 low | high Med: $535,000 sqft: 1,880 low | high Med: 1,090 $ / sqft: $420 low | high Med: $491 On site: 103 low | high Med: 152 | |