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.

This listing is courtesy of Mauricio Villasuso at Fausto Commercial Realty Consultants Inc em:mv@faustocommercial.com ph:305-340-8901.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0141020061990 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1020-006-1990 (0141020061990)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1254 SW 2 St
City: Miami
State: Florida
Zip Code: 33135-2404 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 0
Actual Square Feet: 0
Adjusted Square Feet: 0
  -
Lot Size - English*
Lot Size (sf): 7,500
Lot Size (acres): 0.17
  -
Building Size - Metric*
Living Square Meters: 0.00
Actual Square Meters: 0.00
Adjusted Sq M: 0.00
  -
Lot Size - Metric*
Lot Size (sq m): 697
Lot Size (ha): 0.07
  -
Zoning & Land Use*
Land Use: 1081 - Vacant Land - Commercial : Vacant Land
Zoning: 3901 - General Urban 36 U/a Limited
Municipal Zoning: T4 L (Miami)
All Listed | All Properties
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Prior Sale*
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 03/09/2023
Amount: $0
  -
Prior Sale #2* (Second to Last)
Type: Non-market financing or assumption of lease
Qual: U
Date: 08/01/2022
Amount: $1,150,000
  -
Prior Sale #3* (3rd to Last)
Type: Non-market financing or assumption of lease
Qual: U
Date: 10/10/2019
Amount: $340,000
  -
Taxable Values*
Tax Year: 2023
Land: $427,500
Building: $63,232
Total: $490,732
Assessed: $490,732
County Taxable: $490,732
City Taxable: $490,732
Mill Code: 0100
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Ownership*
Owner 1: Ldg 1254 Llc
Mailing Address: 1441 Brickell Ave Ste 1018
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33131
Mailing Country: USA
  -
Building Information*
Stories: 0
Year Built: 0
Effective Year Built: 0
  -
Legal Description*
Legal Description Concatenated: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.