5,000 Sq. Ft. development site in West Little Havana that consists of one vacant lot in a sector seeing surging development and demand. 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 by right however city programs exist with mixed-income development that allows for double the density to 8. Unit mixes are open so developers can build from 1 bedroom models or even to 3 bedroom models, creative and aggressive designers may adopt even co-living approach which is a trend that has shown to be very profitable for those willing to take on the unique operations.
Miami-Dade County
3
EVANSTON HEIGHTS
Negotiable
0.11
Municipal Water
Other, Public Sanitation
5000
No
No
No
Cable Connected, Electricity Connected, Natural Gas Connected, Other Utilities Available, Cable Available, Electricity Available, Natural Gas Available, Other
Commercial Land
2024
$4094
NA
NA