Prime Duplex in Little Havana with Redevelopment Potential

$1,150,000
For Sale
4172 Property ID
5,000 SqFt Size
4 Bedrooms
2 Bathrooms

Description

Excellent Location, Walking Distance from Ball & Chain and Little Havana’s Calle Ocho has to offer. This property is the definition of a Covered Land Play. It is zoned T5-O which allows for countless redevelopment opportunities. Property also sits within a TOD site within a half mile of SW 7th Street. With the added leniency offered by Florida’s SB 102 “Live Local Act”, a 20-Unit Multi Family can be achieved. Property is larger than tax roll and currently a Duplex with two long term tenants paying a total of $4050 on a monthly basis with plenty of room to increase to market rents. Please do not bother the tenants. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property.

Address

  • Address 638 SW 15 Avenue, Miami, FL
  • Country United States
  • Province/State
  • Postal code/ZIP 33135-3710
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Overview

  • Property ID 4172
  • Price $1,150,000
  • Property status
  • Bedrooms 4
  • Bathrooms 2
  • Size 5,000 SqFt
  • Land area 5,000 SqFt

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