1037 Nw 2nd St is a $600,000 home on a 0.16 acre lot located in Miami, FL.
7,000 Sq. Ft. site w/plans for 10 units in East Little Havana. 8 units are designated workforce housing, 1 for affordable housing & 1 for low income. The unit mix consists of six 2 bedroom 1 bath units, & four studios. WASD & Miami Dade County are good with using existing water & sewer in the street which is another reduced expense for potential developers. The plans were qualified under prior parking exemption rules giving any developers flexibility to build at a significantly reduced cost 2 stories, providing higher returns, with a high design, new construction product in the neighborhood. The surrounding area has seen a huge revitalization with several construction projects to the East completed. This is a COVID-19/inflation proof investment in Miami’s most iconic neighborhood.
Exterior Features | Central Urban Urban Commercial Other Road Public Road Unimproved Multi Family (5+Units) Other Other Utilities Available Gas No Utilities Other Utilities Available |
Land Type | City Location Inside Lot Less Than 1 Acre |
Water Source | Other |
Sewer | Other |
Property Type | Commercial Land |
HOA Fee | $0.00 |
Taxes | $7,228.00 |
County | miami-dade county |
Neighborhood | Lawrence Estate Land Co |
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