Coming live and fully operational this February 2024 is this amazing 14 unit multifamily building in Little Havana. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 1 units 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). 13 Units are oversized Studios (easily converted to 1 bedrooms, 440-460 SF), and 1 one bedroom (550 SF). Alternative, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental. With close proximity to Calle Ocho and Brickell fine dining, chic shops, sidewalk cafes and picturesque parks, are a brisk walk away for residents who will be immersed in the vibrant culture of the area.
MLS# | A11528524 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Days On Site | 367 |
Listing Provided By | Fausto Commercial Realty Consultants Inc | Mauricio Villasuso |
SQ Feet | 7,737 |
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Zoning | T5-L |
Acreage | 5000.00 |
State | FL |
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County | Miami Dade |
City | Miami |
Zip Code | 33125 |
Area | 41 |
Listing VS Median (in 33125) | |
Price: $4,500,000 low | high Med: $289,900 SqFt: 7,737 low | high Med: 831 $ / SqFt: $582 low | high Med: $349 On Site: 367 low | high Med: 99.000000 |