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$1,850,000
Est. payment /mo
5,468 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,468 sqft
Price per Sqft $338
MLS Listing ID A12062102
HOA Y/N No
Year Built 1925
Lot Size 7,000 Sqft
Property Sub-Type Mixed Use
Property Description
Rare mixed-use investment opportunity in the heart of East Little Havana, minutes from Brickell and Downtown Miami. This 4,749 SF building sits on a 7,000 SF lot zoned T6-8-O, Miami's Urban Core Transect designation, permitting up to 8 stories and density supporting approximately 24 units by right, with further upside under the Live Local Act. Today, the property delivers immediate cash flow through 5 rental spaces (2 ground-floor commercial, 3 residential), income now with a clear redevelopment path later. Positioned in one of Miami's fastest-appreciating corridors, surrounded by new construction and strong rental demand, this is a land-bank-and-hold play with upside on both sides of the deal. Sold AS-IS. Buyer to verify all zoning, square footage, and permitted use with the City of Miami. Tenant-occupied do not disturb; all showings by appointment only.
Location
State FL
County Miami-dade
Area 41
Zoning 6101
Interior
Heating Central, Electric
Cooling Central Air
Flooring Other
Exterior
Roof Type Concrete
Total Parking Spaces 10
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 01-41-02-006-0860
Acceptable Financing Cash
Listing Terms Cash
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Listed by FI Real Estate Brokerage LLC
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Milton Knight
Principal Real Estate Broker License ID: 0663675
Principal Real Estate Broker License ID: 0663675