CLOSED
308 SW 11th Ave
Miami, FL 33130
-13.73% ($175,000)
308 SW 11th Ave
Miami, FL 33130
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.
Property Details
| Price | $1,000,000 |
| Taxes | $8,829 / year |
| Subdivision | LAWRENCE ESTATE LAND CO |
| Waterfront | No |
| Type | Land |
| MLS# | A11294232 |
| Status | Closed |
Property Details
| Price | $1,000,000 |
| Price Change | -13.73% ($175,000) |
| MLS# | A11294232 |
| Status | Closed |
| Taxes | $8,829 / year |
| Subdivision | LAWRENCE ESTATE LAND CO |
| Waterfront | No |
Location
Listing Courtesy of Fausto Commercial Realty Consultants Inc
