776 SW 5th St Miami FL 33130 MLS #A11594347

776 SW 5th St
Miami, FL, 33130
$1,000,000
Beds
0 Baths
SqFt
0.23 Acres
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10,000 Sq. Ft. assemblage in East Little Havana that consists of one vacant lot and adjacent has income producing duplex. T4-L 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 8 units by right however city programs exist with mixed-income development that allows for double the density to 16. Furthermore, the site is best served by being entitled through a Live- Local/SB102 process. Site is beautifully laid out in a 100 x 100 square which allows for hyper-efficient design layout and cost to build, with frontages on two streets, allowing for ease of design of interior parking and circulations

Property Details

Price:
$1,000,000
MLS #:
A11594347
Status:
Active
Beds:
0
Baths:
0
Address:
776 SW 5th St
Type:
Single Family
Subdivision:
CITY OF MIAMI SOUTH
City:
Miami
Listed Date:
May 24, 2024
State:
FL
ZIP:
33130
Lot Size:
10,000 sqft / 0.23 acres (approx)
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Buyer Agent Compensation
2.0%%
Tax Year
2023
Taxes
$7,312

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