Nest Seekers

Rare opportunity to acquire a cash flowing development assemblage strategically positioned in East Little Havana in the West Brickell micro pocket, a Transit Oriented District TOD.

Miami, FL 33130

Listing

Web ID:5770819
Website:https://www.nestseekers.com/5770819

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$20,053,950
Annual Taxes:$120,000

Description

Rare opportunity to acquire a cash-flowing development assemblage strategically positioned in East Little Havana in the West Brickell micro-pocket, a Transit Oriented District (TOD). Approximately 1.32 acres of land with 8 existing buildings encompassing the corner of SW 7th ST and SW 10th AVE , this covered land play has 27 fully occupied units generating income. Current zoning T5-L and T6-8-O with excellent potential for Live Local project with 1000 DU and height to match 1 mile radius, at least 48 stories. Marketed as one land acquisition opportunity, the seven parcels are not legally unified and each will convey under its own deed (all parcels are required to convey simultaneously). PROPERTY ADDRESSES: 938, 950, 960, 970, 980 SW 7TH ST AND 711 and 721 SW 10th AVE.

Amenities

  • Cable Not Available

Location

Miami FL 33130 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Miami Portfolio Collection
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