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1101 NW 5th St, Miami FL 33128

Commercial Land

1101 5th St

Miami, FL 33128

ML#:A10675135
List Price:$350,000
Status:Closed
Days on Market:685
Listing Brkr:Fausto Commercial Realty Consultants Inc
Subdivision:LAWRENCE ESTATE LAND CO
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.11 acres
Year Built:
Stories:

General Information

Type Property:Commercial Land
Style:
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33128
Subdivision:LAWRENCE ESTATE LAND CO
Latitude:25.778617
Longitude:-80.213267

Financial Information

Annual Taxes (2018):$2,877
Days on Market:685

Remarks

5,000 Sq. Ft. Multi-Family land within Little Havana. T4-R 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 4 units however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Beckham staidum, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.

Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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