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300 SW 12th Ave , Miami, FL 33130

$6,600,000
  • 300 SW 12th Ave , Miami, FL 33130 Main Photo
Active
LOT SIZE 0.860 acres MLS#A12116527
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONLAWRENCE ESTATES LAND COS

Property Description

Fausto Commercial presents a 37,500 SF two-folio development assemblage spanning SW 3rd to SW 4th Street just off SW 12th Avenue in Little Havana, priced at $176 per land foot and positioned for high-density Live Local entitlement in one of Miamis fastest-growing rental submarkets.Little Havana is in the middle of a development boom driven by a shortage of mid-income housing. As rents climb in Brickell and Downtown, renters are moving west for value, supporting high occupancy and sustained rent growth for years to come. Under Floridas Live Local Act (SB 102), both the 15,000 SF T5-O and 22,500 SF T4-L portions qualify, supporting ±860 residential units and up to 24 stories (48 with bonuses). Frontage on two streets eases parking and circulation; the T4-L portion carries its own setbacks. At roughly $7,700 per buildable unit, this is one of the most efficient land bases in the urban core.

300 SW 12th Ave | MLS# A12116527

This land located at 300 SW 12th Ave , Miami, FL 33130 is currently listed for sale with an asking price of $6,600,000. The property has approximately 0.86 Acres. Search Miami real estate on www.realty100.com today.

Property Features

Property Type: Land - Residential
Fenced: Yes
Lot Size: 0.86 Acres
Taxes: $29,644

Feature Descriptions

Crops Included Y/N: No
Days on Site: 7
Fencing: Fenced
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Cleared, Compact Soil, Curb, Fenced, Gutter, Other, Sidewalk
Parcel#: 01-41-02-006-3850
Property Attached Y/N: No

Listed By / Shown By

Listed By

Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 19,084.07 per month $14,688.74 Principal & Interest $2,470.33 Property Tax $1,925.00 Homeowner's Insurance

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