Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed/2 bath, & 2 bed/1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A/C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Floridas new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available.
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044
Estimated Payment
$ 7,585.61 per month $6,653.02 Principal & Interest $568.00 Property Tax $364.58 Homeowner's Insurance
625 SW 16th Ave | MLS# A11814449
This multi-family property located at 625 SW 16th Ave, Miami, FL 33135 is currently listed for sale with an asking price of $1,250,000. Search Miami real estate on www.adamscameron.com today.