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1,460,000(-2.05% )
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Status:
Active
Size: 0.11 Acres (465 m2)
Price: $13,000,000/Acre ($3,079/m2)
Type: Land
MLS Number: A11886910
On Site: 188 Days
Updated: 10 Days ago
Page Views: 0
Prime Development Opportunity In The Heart Of Little Havana, Offering Both Immediate Rental Income And Long-term Growth Potential. Zoned T6-8-r On A 5,000 Sf Lot, This Two-story Multifamily Property Provides A Strong Foundation For Future Construction In One Of Miami’s Fastest-evolving Neighborhoods. The Existing Building Includes Four Spacious 2br/1ba Units With Terrazzo Or Tile Flooring, Separate Electric Meters, Washer/dryer Hookups, And Dedicated Parking. The 50-year Recertification Was Completed In 2023, Adding An Extra Layer Of Confidence For Investors. All Units Are Currently Occupied, Allowing Buyers To Generate Income While Preparing For Permitting And Redevelopment. Centrally Located With Quick Access To Brickell, Downtown Miami, Coconut Grove, And The Beaches, This Property Combines Present-day Stability With Outstanding Land Value.
Features
All features
- Property SqFt: 5000
- Remarks: Prime development opportunity in the heart of Little Havana, offering both immediate rental income and long-term growth potential. Zoned T6-8-R on a 5, 000 SF lot, this two-story multifamily property provides a strong foundation for future construction in one of Miami’s fastest-evolving neighborhoods. The existing building includes four spacious 2BR/1BA units with terrazzo or tile flooring, separate electric meters, washer/dryer hookups, and dedicated parking. The 50-year recertification was completed in 2023, adding an extra layer of confidence for investors. All units are currently occupied, allowing buyers to generate income while preparing for permitting and redevelopment. Centrally located with quick access to Brickell, downtown Miami, Coconut Grove, and the Beaches, this property combines present-day stability with outstanding land value.
- Internet Remarks: Prime development opportunity in the heart of Little Havana, offering both immediate rental income and long-term growth potential. Zoned T6-8-R on a 5, 000 SF lot, this two-story multifamily property provides a strong foundation for future construction in one of Miami’s fastest-evolving neighborhoods. The existing building includes four spacious 2BR/1BA units with terrazzo or tile flooring, separate electric meters, washer/dryer hookups, and dedicated parking. The 50-year recertification was completed in 2023, adding an extra layer of confidence for investors. All units are currently occupied, allowing buyers to generate income while preparing for permitting and redevelopment. Centrally located with quick access to Brickell, downtown Miami, Coconut Grove, and the Beaches, this property combines present-day stability with outstanding land value.
- Waterfront: No info
- Directions: East
- Days on Market: 177
- Compass Point: NW
- Office Name: Compass Florida, LLC.
- Area: 5000
- Taxes: 16347
- Tax Year: 2024
- Listing Date: 2025-09-30T08:32:51.000-00:00
- Lot Size Square Feet: 5000
Apples-to-Apples Comparables
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IN Brickell West at Miami?
IN Brickell West at Miami?
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Price History
03/26/2026
Date
Price Reduced
Event
$1.4M
Price
-2.05%
Change Rate
$286 ft2 / $3,079 m2
Price Per
02/13/2026
Date
Price Reduced
Event
$1.5M
Price
-2.01%
Change Rate
$292 ft2 / $3,143 m2
Price Per
01/09/2026
Date
Price Reduced
Event
$1.5M
Price
-4.73%
Change Rate
$298 ft2 / $3,208 m2
Price Per
11/18/2025
Date
Price Reduced
Event
$1.6M
Price
-2.19%
Change Rate
$313 ft2 / $3,367 m2
Price Per
09/29/2025
Date
Listed
Event
$1.6M
Price
$320 ft2 / $3,442 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ana Cuan • Compass Florida, LLC. • Buyer Agency Compensation .
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