USD 1,100,000

308 SW 11th Ave
Miami, Florida 33130

For Sale

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.

Listed by Fausto Commercial Realty Consultants Inc

Property Details

ID #
A11294232
Status
Sale
Type
Commercial, Land
Zip Code
33130
Lot Area
14,810ft2
Building Feature
Cable Tv
Water Source
City/mains water
Fuel Type
Electric
Location
City Location, Inside Lot
Lot
Less Than 1 Acre
Utilities
Internet
Zoning Information
T4-R
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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