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$ 599,000
Est. payment | /mo
5,009 Sqft Lot
$ 599,000
Est. payment | /mo
5,009 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Lawrence Estates Land Cos
MLS Listing ID A11989861
HOA Y/N No
Annual Tax Amount $8,913
Tax Year 2025
Lot Size 5,009 Sqft
Acres 0.115
Property Sub-Type Residential
Property Description
Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
Location
State FL
County Miami-dade
Community Lawrence Estates Land Cos
Area 41
Zoning 3901
Exterior
Private Pool Yes
Building
Lot Description < 1/4 Acre
Faces North
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-02-006-4120
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11989861
Listed by MLSN Realty
Nearby Locations
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