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$ 6,250,000
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0.66 Acres Lot
$ 6,250,000
Est. payment | /mo
0.66 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lawrence Estates Land Cos
MLS Listing ID A11678541
HOA Y/N No
Annual Tax Amount $14,823
Tax Year 2024
Lot Size 0.665 Acres
Acres 0.665
Lot Dimensions 100x290
Property Description
Exciting Little Havana 137 Unit Development Site, minutes to UM Hospitals, Brickell/Downtown Miami, Gables, Grove, & Miami International Airport. Proposed 8 stories structure, w/ potential for 12 if desired. Assemblage of 4-lots fronts both SW 1st & 2nd Streets. Proposed development details: 91,023 leasable SF/ 157,064 buildable SF for 57.9% efficiency. Parking solved with only two (2) levels of parking garage as designed for efficiency. Proposed rental apartment unit mix: (a) 110 units under both SB-102/328/Live Local rental limits & 55+ restricted (attained by Covenant with the City of Miami) and (b) 27 market-rate rentals. Covered Land Play generating $17,000/month rents. Renderings by MODIS Architects. See attached OM for information.
Location
State FL
County Miami-dade
Community Lawrence Estates Land Cos
Area 41
Direction Please review attached OM and then schedule a call w/ Broker for further questions & guidance.
Exterior
Utilities Available Sewer Available, Trash Collection, Water Available
Waterfront No
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-02-006-1660
Acceptable Financing Cash
Listing Terms Cash
Listed by Douglas Elliman
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Jim Norton
REALTORS® | Lic# J:3312088 | C:3325790