Commercial property in Miami, Florida № 1701061

Property description

$4,900,000 Prime 22,500 SF site in West Little Havana with T5-O zoning, ideal for Live-Local/SB102 development, allowing over 300 units and up to 24 stories (48 with bonuses), no FLR limits. Includes three parcels: one with a 12-unit "Old Spanish" apartment (7,500 SF), and two 1954 5-unit buildings (15,000 SF), all 1 bed/1 bath. Located near Brickell and Downtown, along vibrant Calle Ocho, attracting 3M+ tourists yearly. Close to Ball & Chain, Union Beer Store, and more, with retail rents nearing $60psf. SW 17 AV frontage offers easy access to Coral Gables, airport, and high-frequency transit. Little Havana’s central location and booming development make it a hotspot for high-income residents and businesses.