7,000 Sq. Ft. site w/plans for 10 units in East Little Havana. 8 units are designated workforce housing, 1 for affordable housing & 1 for low income. The unit mix consists of six 2 bedroom 1 bath units, & four studios. WASD & Miami Dade County are good with using existing water & sewer in the street which is another reduced expense for potential developers. The plans were qualified under prior parking exemption rules giving any developers flexibility to build at a significantly reduced cost 2 stories, providing higher returns, with a high design, new construction product in the neighborhood. The surrounding area has seen a huge revitalization with several construction projects to the East completed. This is a COVID-19/inflation proof investment in Miami’s most iconic neighborhood.
This listing is courtesy of Fausto Commercial Realty Consultants Inc.
1037 NW 2nd St, Miami, Florida 33128
- Lot Area: 0.16 Acre