Little Havana Urban Core Development Site.


Property

Website:https://www.nestseekers.com/3249720
Address:
300 SW 12th Ave
Miami, FL 33130
Ownership: For Sale
Type: Land
Pets: Pets Allowed

Financials

Price: $4,000,000
Annual Taxes: $26,234

Description

Little Havana Urban Core Development Site. The neighborhood is located center of all the major employment centers of our city: Downtown, Brickell, Health and Civic Center, Gables, and the Airport; with a high transit and mobility enhanced grid and pedestrian-friendly environment. Because of the scarcity of mid-income-range product, and with residents being priced out of neighboring areas due to skyrocketing rents, little Havana is experiencing a boom of development. This guarantees full occupancy and a strong story of sustained rent growth for time to come. The site is best served by being entitled through a Live- Local/SB102 process. Applied to this lot, SB102 would allow for over 688 buildable units and up to 24 stories of height or 48 with bonuses, with no FLR restrictions.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of Fausto Commercial Realty Consultants Inc