$1,000,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 06/14/2024
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Byan Park
MLS Listing ID A11573735
Sold Date 06/14/24
HOA Y/N No
Annual Tax Amount $11,560
Tax Year 2024
Contingent No Contingencies
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 100x117
Property Description
11,700 Sq. Ft. assemblage in West Little Havana that consists of a great covered land play opporutunity currently generating over $60,000 in revenue. The property is situated on the nexus of Little Havana and Shenandoah, two urban core neighborhoods experiencing dramatic and sustained growth, and on the obvious and immediate path of development. With close proximity to Coral gables and Downtown, it's an exceptional location. One property is a residential home, the other a duplex, both wood frame structures that have reached the limits of their functional life. The 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.
Location
State FL
County Miami-dade County
Community Byan Park
Area 41
Exterior
Utilities Available Other
Present Use Other
Building
Lot Description <1 Acre, Irregular Lot
Sewer Other
Water Public
Others
Tax ID 01-41-10-014-0540
Financing Cash
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Bought with IMS Consulting & Management
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