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Dashboard
- $1.9M Price
- .16 Acres
- 199 DOM
1254 Sw 2nd St
A very uniquely designed “shovel-ready” land development opportunity in Little Havana to build a 21-unit multifamily building is now available. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 3 units 30% AMI, 2 units at 50% AMI, and 16 units at 140% AMI (average median income). It has a 100% parking exemption which reduces cost of construction to developers comparing alternate site in the area. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental.
Essential Information
- MLS® #A11527894
- Price$1,850,000
- Bathrooms0.00
- Acres0.16
- TypeLand / Boat Docks
- StatusActive
Community Information
- Address1254 Sw 2nd St
- Area41
- SubdivisionLAWRENCE ESTATES LAND COS
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33135-2404
Amenities
Utilities
Cable Available, Electricity Available, Natural Gas Available, Water Available
Exterior
- Lot Description50x142
Additional Information
- Date ListedFebruary 5th, 2024
Listing Courtesy of
Fausto Commercial Realty Consultants Inc