Property Description
Potential Seller financing on Land to Develop 109 Units in Little Havana Land Site, minutes to UM Hospitals, Brickell/Downtown Miami, Gables, Grove, & MIA. Proposed 8 stories on an assemblage of 4-lots fronting SW 1st & 2nd Streets. Apartment mix of market rate rentals & 71 Live-Local Act Submission to equal 109 units. Covered Land Play receives $17,000/mo rents currently. Renderings by MODIS Architects. See attached OM. Seller willing to take $2,250,000 at closing on a sales price of $6,250,000 and a 4,000,000 loan/(note) at 4.5% annual interest w/ a balloon payment due 18 months or earlier of construction loan.
Features
: City Location, 1-2.5 Acres
: Public Sanitation
: Electricity Connected, Sewer Connected, Water Connected, Sewer Available, Water Available, Cable Connected, Trash Removal
Address Map
FL
Miami-Dade County
Miami
33135
1334 SW 1st St
LAWRENCE ESTATES LAND COS
0
W81° 46' 58.5''
N25° 46' 20''
Please review attached OM and then schedule a call w/ Broker for further questions & guidance.
LAWRENCE ESTATES LAND COS
MLS Addon
127
: Cash
: Public Road, City/county Maintained
$14,823
2024
: Municipal Water
6101
Commercial Land For Sale
1334 SW 1st St, Miami, Florida 33135
29,000 Sqft
$5,750,000
Listing ID #A11678541
Basic Details
Property Type : Commercial Land
Listing Type : For Sale
Listing ID : A11678541
Price : $5,750,000
Lot Area : 29,000 Sqft
Status : Active
