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Land
Tools
Size
5,000 Sq Ft.
interior
0.11 Acres
Exterior
Financial
$950,000
Change Currency
$190
Price Per Sqft
$5,807
Annual taxes
Listing Details
Land
Property type
5468540
Web Id
2742997-A11337100
MLS ID
594
Days Posted
Description
13 Avenue,
Miami,
FL
33125
Miami, FL 33125
5,000 sf site with plans for 12 res units (12 studios) fully approved and ready to start construction immediately. Extremely efficient and simple industrial/contemporary designs yield an inexpensive and fast build. 5,800 SF building, with revenues estimated north of $270K/year. This market is suffering a crisis of affordable housing, and with virtually 0% vacancy, these units will rent fast when built and rents will keep growing over time. The site benefits from great proximity to Miamis biggest employment generator, the Health and Civic Center, and excellent access to lifestyle amenities. This project is quick and easy to build, and will rent fast, because its at the price point people want, close to the jobs they want, and in a neighborhood they will love living in.
Price History
| date | price | variance | type |
|---|---|---|---|
| 2/8/2023 | $950,000 | 18.75 % | increased |
| 1/31/2023 | $799,999 | - | Listed |
Listing By: Fausto Commercial Realty Consultants Inc via Data Source: MIAMI MLS
listing agent: Mauricio Villasuso
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