About This Property
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.
