Commercial property in Miami, Florida № 1766485

Property description

Exceptional assemblage of 23,850 SF on 3 contiguous properties in West Little Havana w/ T5-O zoning on the SW 7 ST corridor abutting Calle Ocho. The site is best served by being entitled through a Live-Local/SB102 & 136 process. Applied to this lot, SB102 would allow well over 150 buildable units & up to 24 stories of height or 48 w/bonuses, w/no FLR restrictions. On one is a 1940s eight unit apartment bldg consisting of studios, with identical floor plans, on a 7,500 SF lot. Then there is a 5-unit bldg of 1 bed 1 bath on 7,500 SF. The last is a 10 unit bldg from 1965. All of these are rented below market. Within 5 minutes of Brickell & Downtown. Miami’s nationally recognized Little Havana neighborhood is known for its culturally-rich & colorful lifestyle.