Commercial property in Miami, Florida 174.75 sq.m. № 1874395

2
Commercial property in Miami, Florida 174.75 sq.m. № 1874395
ID1874395 $ 1 250 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1874395

Property description

Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed/2 bath, & 2 bed/1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A/C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Florida's new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available.
MLS #: A11814449
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CityMiami
Address625 SW 16th Ave, Miami FL 33135
TypeCommercial property
Living space174.75 m²
  • sq. ft
Completion dateIV quarter, 1946
Parking places2
Price
  • Price
  • per m²
$ 1 250 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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