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4,000 Sq. Ft. Multi-Family vacant land site within Little Havana. T4-L Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 3 units however limited commercial applications are also allowed including a Bed & Breakfast which would double density to 6. This neighborhood is thriving thanks to it’s authentic and dynamic Carribean and Latin-American culture, cuisine, and the art galleries along the famous Calle Ocho. The nightlife is growing and attracts throngs of tourists year round. Nestled in the midst of Miami’s employment centers, the value here is apparent.
Address: 506 SW 8 AV, Miami, FL 33130
Land: 4,000 Sq. Ft.
Zoning: T4-L Urban Center Transect
Details: Residential Income - Development
MLS Number: A10513552
CALL 305 961 1179 VISIT FAUSTOCOMMERCIAL.COM
PRICE $210,000
Zoning Information
Density: 36 Units per acre 3 Units
USES: L
Residential: Multifamily R
Home Office R
Live Work R
Bed & Breakfast R
Office R
Food Service Establishment R
Recreational Facility R
MAURICIO VILLASUSOC: 305 340 8901E: [email protected]
CARLOS FAUSTO MIRANDAC: 305 431 2258E: [email protected]