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1254 SW 2nd St Miami, FL $ 1,850,000
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$ 1,850,000 Get more info
1254 SW 2nd St
$ 1,850,000
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Share Save

1254 SW 2nd St

Miami, FL, 33135
$ 1,850,000
Baths0.0

Monthly Estimate*

$ 12,923

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Studio

Lots and Land for sale in Miami, FL

for $1,850,000. The lot size is 0.16.

A very uniquely designed “shovel-ready” land development opportunity in Little Havana to build a 21-unit multifamily building is now available. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 3 units 30% AMI, 2 units at 50% AMI, and 16 units at 140% AMI (average median income). It has a 100% parking exemption which reduces cost of construction to developers comparing alternate site in the area. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental.

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Lots and Land Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,468

Style

Lot Size

0.16

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11527894
Features
General
Sewer Other
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable WaterAvailable
Possession Negotiable
Tax Year 2023
County Miami-Dade County
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name LAWRENCE ESTATES LAND COS
Garage Y/N N
Status Active
City Miami
Buyer Agent Compensation 3.0%
View Y/N N
Senior Community Y/N N
Zoning Description T5-L
MLS Area 41
Lot Size Square Feet 7125.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 2nd St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 10468.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11527894
Days on Market 10
Standard Status Active
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 LESS N7 1/2FT BLK 81 LOT SIZE 7125 SQUARE FEET OR 19321-1481 0900 1
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Exterior
Lot Features Item1Acre IrregularLot
Water Source Public
Lot Size Area 7125.0
Spa N
Lot Dimensions 50x142
Lot Size Acres 0.16
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1254
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

mv@faustocommercial.com

Email

Affordability Calculator

$13,795
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
$872
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,850,000 Listed Price

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1254 SW 2nd St, Miami, FL, 33135 is a Lots and Land for sale at $1,850,000 with a lot size of 0.16. 1254 SW 2nd St is a studio with 0.0 baths. The property's zip code is 33135 which is in Miami, FL

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