This Land Property is no longer advertised on LoopNet.com.

308-318 SW 11th Ave
Miami, FL 33130

Land For Sale · 0.34 AC

INVESTMENT HIGHLIGHTS

  • Amazing T4 Lot with Plans approved by Phased Provider saving time for approval
  • Double Density program under the city allows for 24 units with mixed income program

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.34 AC

DESCRIPTION

15,000 Sq. Ft. assemblage in East Little Havana that consists of one vacant lot and adjacent has income producing Duplex. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 12 units however city programs exist with mixed-income development that allows for double the density to 24. Phase provider have reviewed and approved for 24: 2 bedroom 1 bath building, concept with 1 parking space per dwelling and flexibility for amenities available. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.

PROPERTY TAXES

ZONING

Zoning Code T4-R (Mixed Use; Urban Residential)
  • Listing ID: 27078769

  • Date on Market: 11/9/2022

  • Last Updated:

  • Address: 308-318 SW 11th Ave, Miami, FL 33130