Prime Duplex in Little Havana with Redevelopment Potential
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
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Address 638 SW 15 Avenue, Miami, FL
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Country United States
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Province/State Florida
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Postal code/ZIP 33135-3710
Overview
- Property ID 4172
- Price $1,150,000
- Property status For Sale
- Bedrooms 4
- Bathrooms 2
- Size 5,000 SqFt
- Land area 5,000 SqFt
