LAWRENCE EST LAND COS SUB,Little Havana

638 SW 15th Ave, Miami FL 33135

1,381 ft²

For Sale · Active Listing

$1,125,000

2.17%

Est. Payment $5,988/mo

MLS Sheet Video

1,381

Sq. Ft.

1923

Year Built

Stories

Days on Market

Description

Excellent Location, Walking Distance from Ball & Chain and Little Havana's Calle Ocho has to offer. This property is the definition of a Covered Land Play. It is zoned T5-O which allows for countless redevelopment opportunities. Property also sits within a TOD site within a half mile of SW 7th Street. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is larger than tax roll and currently a Duplex with two long term tenants paying a total of $4050 on a monthly basis with plenty of room to increase to market rents. Please do not bother the tenants. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.

Facts

MLS#: A11997082
Subdivision: LAWRENCE EST LAND COS SUB,Little Havana
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1923
Lot Size: 0 sqft
Sq. Ft.: 1,381 ft²
Sq. Mt.: 128 m²
Price per sq. ft.: $815/ft²
Price per sq. mt.: $8,789/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 68 days
Listed: Apr 8, 2026
Last Updated: Jun 15, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/15/2026	Price change	$1,125,000-2.2%
4/8/2026	Listed for sale	$1,150,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

638 SW 15th Ave, Miami FL 33135Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Palm Cove Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Montessori Ivy League
KG · private · 1.1 mi
Montessori Ivy League School
PK,KG · private · 1.1 mi
City Of Pembroke Pines Charter School
KG,1,2,3,4,5 · charter · 1.2 mi
New Renaissance Middle School
6,7,8 · public · 1.2 mi
Coconut Palm Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Renaissance Charter Schools at Pines
KG,1,2,3,4,5,6,7,8 · charter · 1.9 mi
Renaissance Charter Middle School At Pines
KG,1,2,3,4,5,6,7,8 · charter · 1.9 mi
Walter C. Young Middle School
6,7,8 · public · 2.0 mi
Somerset Academy Elementary (Miramar Campus)
KG,1,2,3,4,5 · charter · 2.0 mi

Estimated Monthly Payment

$7,075/mo

Principal & Interest

$5,988

Property Tax

$938

Insurance

$150

HOA

Down Payment20% ($225,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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