Description

5,000 Sq. Ft. Multi-Family land within East Little Havana. There is immense potential, either a market rate project of 4 units at any unit configuration or City of Miami double density workforce program which allows for development of 8 apartments; 1 units at 15% AMI, 2 unit at 100% AMI, and 1 units at 120% AMI (average median income). The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. Riverside park is nearby, and one block from the A-rated school Ada Merritt K-8 Center makes this idyllic location which will capture the interests of residents for years to come. T4-R 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. Havana has been home to tycoons, adventurers, artists, writers, and investors have taken notice that this is the heart of the city. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.

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Property information

Property type

Land

Lot size

0.12 acres

Annual taxes (2026)

$7,388

Days on market

44

Parcel number

01-41-02-005-3810