$320,000
$350,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
1101 NW 5th St Miami, FL 33128
4,791 Sqft Lot
Key Details
Sold Price $320,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Lawrence Estate Land Co
MLS Listing ID A10675135
Sold Date 04/13/21
HOA Y/N No
Annual Tax Amount $2,877
Tax Year 2018
Contingent No Contingencies
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
5,000 Sq. Ft. Multi-Family land within Little Havana. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 4 units however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Beckham staidum, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.
Location
State FL
County Miami-dade County
Community Lawrence Estate Land Co
Area 41
Exterior
Utilities Available Other
Waterfront No
Present Use Multi-Family
Building
Lot Description <1 Acre
Sewer Other
Water Other
Others
Tax ID 01-41-02-005-0490
Financing Cash
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Bought with Miami New Realty