New ListingDescription
Fausto Commercial presents a 37,500 SF two-folio development assemblage spanning SW 3rd to SW 4th Street just off SW 12th Avenue in Little Havana, priced at $176 per land foot and positioned for high-density Live Local entitlement in one of Miami's fastest-growing rental submarkets. Little Havana is in the middle of a development boom driven by a shortage of mid-income housing. As rents climb in Brickell and Downtown, renters are moving west for value, supporting high occupancy and sustained rent growth for years to come. Under Florida's Live Local Act (SB 102), both the 15,000 SF T5-O and 22,500 SF T4-L portions qualify, supporting ±860 residential units and up to 24 stories (48 with bonuses). Frontage on two streets eases parking and circulation; the T4-L portion carries its own setbacks. At roughly $7,700 per buildable unit, this is one of the most efficient land bases in the urban core.
Details
| MLS # | A12116527 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Christopher Carbonell |
Features
| Zoning | 6101 |
|---|---|
| Acreage | 0.86 |
Taxes
| Tax Annual Amount | 29644 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33130 |
| Area | 41 |
| Community Name | LAWRENCE ESTATES LAND COS |
| Listing VS Median (in LAWRENCE ESTATES LAND COS) | |
Price: $6,600,000 low | high Med: $1,875 On site: 1 low | high Med: 44 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33130 |
| Area | 41 |
| Community Name | LAWRENCE ESTATES LAND COS |
| Listing VS Median (in LAWRENCE ESTATES LAND COS) | |
Price: $6,600,000 low | high Med: $1,875 On site: 1 low | high Med: 44 | |
 | $6,999,9991254 Sw 2nd StreetMiami, FL 33135 |
 | $6,999,9991254 Sw 2nd StMiami, FL 33135 |