About This Property
Land & Docks in Miami
Fully leased six-unit multifamily opportunity totaling approximately 3,993 SF situated on a 13,275 SF lot with T6-8-O zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned T6-8-O, the site offers significant density flexibility with a conceptual redevelopment yield of up to ±42 units (subject to approvals). Eligible for Live Local incentives, this property presents a rare covered-land play with income during the planning phase.Two-story building configuration. Folio: 01-3133-008-0340. Submarket: Paradise Park. Located within the Little Havana multifamily corridor, one of Miami’s most consistently occupied rental markets with historically low vacancy.Property Overview:±3,993 SF existing improvementsTwo-story multifamily buildingFour (4) 1-bedroom unitsTwo (2) 3-bedroom unitsAdditional leased parking incomeFully occupied with strong in-place cash flowFolio: 01-3133-008-0340Development Profile:Lot Size: 13,275 SFZoning: T6-8-OPrimary Zone: 6100 – Commercial NeighborhoodLive Local eligible siteConceptual redevelopment potential of up to ±42 units (subject to verification and approvals)
Features & Amenities
Property Highlights
Utilities
- Cable Available
- Electricity Available
- Phone Available
- Sewer Available
- Water Available
- Trash Removal
Possession
- Negotiable
Current Use
- Multi-Family
- Unimproved
WaterSource
- Public
Water Source
- Public
Environmental Audit
- None
Road Responsibility
- Public Maintained Road
Special Information
- City Jurisdiction
Location of Property
- City Location
Showing Requirements
- Call Listing Agent
Comprehensive Plan Use
- Intensive Development
- Suburban
- Urban Commerce
Specifications
Property Details
Location