Commercial property in Miami, Florida № 1861086

Property description

Little Havana Urban Core Development Site. In the east part of the neighborhood lies this amazing 45,000 sf lot assemblage; the T6-8-O portion is 30,000 SF, and the T4-R portion is 15,000 SF. The buildable potential is approximately 450,000 SF/ 562,500 SF under Miami 21 by using optional public benefits, with Live Local this increases to 1,080,000 SF. The total combined Density potential is 115 units with Miami 21 or 701 units under Live Local. With regards to the T4-R portion, developers could either use it as a parking lot to support the live local project on the T6-8-O portion, or they can develop it in accordance with the T4 zoning regulations in Miami21.