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1235 SW 2nd St, Miami FL 33135

Commercial For Sale
$1,300,000

BTC: 14.52931989

ETH: 417.24572885

New
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

An exceptional covered land play on 7,500 sf site with T6-12-O mixed-use high density zoning with 5 income producing apartment units. Consisting of a large 4 bedroom 2 bath, 4: 1 bed 1 bath units, and 1 Studio, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. The 40 yr certification was completed in June 2024. It is eligible for affordable housing density bonuses; and allows for a multitude of mixed uses including retail, residential, hospitality, office and more. But, with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents.

Location

Florida • Miami • 33135 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1914
Lot:
7500 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-006-1890

    • Zoning: T6-12-O

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $20,116

  • Source details

    • MLS ID: A11692989

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc