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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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2.0%%
Tax Year
2023
Taxes
$7,312
Map
Community
- Address776 SW 5th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
776 SW 5th St
Miami, FL
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