Land in Miami, FL 33135
Fairmont Park, 424 SW 22nd Ave

Overview Features True Comps Price History Payment Location Similar Homes

OFF MARKET

$1,949,000

Estimate Payment

0.18

Acre

Status

OFF MARKETExpired

Size

0.18 Acres (720 m²)

Price

$10,827,778/Acre ($2,707/m²)

Type

Land

MLS Number

A11203526

On Site

1586 Days

Updated

1586 Days ago

Page Views

Located just three blocks from 8 St in the heart of Little Havana!! Redevelopment site for 28 units by right, this T6-8O zoned property also has two buildings currently collecting $6,350.00 gross income per month. Rents are below market and can easily be increased $1800.00 - $2,000.00 extra income per month. Preliminary plans have been done to submit for site plan approval and are attached to this listing for a 6 story building (2 stories of parking, 3 stories of residential units and a sixth story with clubhouse, gym, fire pit, jacuzzi, terraces and a sun deck. The land zoning attorney can be retained by the buyer for a fee to be negotiated. Zoning allows for many uses such as residential, office, general commercial, hotel. DENSITY CAN DOUBLE TO 56 UNITS USING THE WORKFORCE BONUS PROGRAM.

Features

All features

Property SqFt: 7750
Remarks: Located just three blocks from 8 St in the heart of Little Havana!! Redevelopment site for 28 units by right, this T6-8O zoned property also has two buildings currently collecting $6, 350.00 gross income per month. Rents are below market and can easily be increased $1800.00 - $2, 000.00 extra income per month. Preliminary plans have been done to submit for site plan approval and are attached to this listing for a 6 story building (2 stories of parking, 3 stories of residential units and a sixth story with clubhouse, gym, fire pit, jacuzzi, terraces and a sun deck. The land zoning attorney can be retained by the buyer for a fee to be negotiated. Zoning allows for many uses such as residential, office, general commercial, hotel. DENSITY CAN DOUBLE TO 56 UNITS USING THE WORKFORCE BONUS PROGRAM.
Internet Remarks: Located just three blocks from 8 St in the heart of Little Havana!! Redevelopment site for 28 units by right, this T6-8O zoned property also has two buildings currently collecting $6, 350.00 gross income per month. Rents are below market and can easily be increased $1800.00 - $2, 000.00 extra income per month. Preliminary plans have been done to submit for site plan approval and are attached to this listing for a 6 story building (2 stories of parking, 3 stories of residential units and a sixth story with clubhouse, gym, fire pit, jacuzzi, terraces and a sun deck. The land zoning attorney can be retained by the buyer for a fee to be negotiated. Zoning allows for many uses such as residential, office, general commercial, hotel. DENSITY CAN DOUBLE TO 56 UNITS USING THE WORKFORCE BONUS PROGRAM.
Waterfront: No info
Directions: East
Days on Market: No info
Compass Point: SW
Office Name: Global Luxury Realty LLC
Area: 8320
Taxes: 12140
Tax Year: 2021
Listing Date: 2022-05-12T14:16:41.540-00:00
Lot Size Square Feet: 7750

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Price History

Date

Event

Price

Change

Price Per

05/12/2022

Listed

$1.9M

$251 ft²

$2,707 m²

05/12/2022

$1.9M

Event

Listed

Price Per

$251 ft²

$2,707 m²

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Zumel Corujo • Global Luxury Realty LLC • Buyer Agency Compensation .

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Scores

Walk Score^®

Very Walkable. Most errands can be accomplished on foot

100

Transit Score^®

Good Transit. Many nearby public transportation options

100

Bike Score^®

Bikeable. Some bike infrastructure

100

Sound Score^®

Very loud

100

Airport Score

Close to airports. Noticeable airport activity

100

Traffic Score

Congested area. Frequent traffic delays

100

Local Score

Limited local amenities nearby

100

3 – 4 BR

Bedrooms

$640K – $2.3M

Price Tier

1,223 - 4,136

SqFt Range

1946

Year Build

Subdivision Amenities

Elevators

Fitness Center

Management

Land in Miami, FL 33135Fairmont Park, 424 SW 22nd Ave