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770 SW 5th St Miami, FL 33130
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Key Details
Sold Price $520,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision City Of Miami South
MLS Listing ID A10755066
Sold Date 01/10/20
HOA Y/N No
Annual Tax Amount $3,752
Tax Year 2019
Contingent Pending Inspections
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
5,000 Sq. Ft. Multi-Family land within Little Havana. 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 however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Beckham staidum, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.
Location
State FL
County Miami-dade County
Community City Of Miami South
Area 41
Exterior
Utilities Available Other
Waterfront No
Present Use Commercial
Building
Lot Description <1 Acre
Sewer Other
Water Other
Others
Tax ID 01-02-03-030-1010
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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