Listing Agency: Fausto Commercial Realty m*@faustocommercial.com Show Phone

Listed By: Giovanni Bertolotti · License #3254982 Show Phone

Source: Moodyscre

Added: Mar 18, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:35AM

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Investment Insights

Based on property information with market context.

This 15,000 sq. ft. multi-family land is located within East Little Havana. It presents potential for a market rate project of 12 units at any unit configuration. Alternatively, the City of Miami double density workforce program allows for development of 24 apartments, including 3 units at 30% AMI, 2 units at 50% AMI, and 19 units at 100% AMI (average median income). The location provides accessibility to Brickell, Downtown, the Health District, and 836 HWY to Miami Beach. Residents can access fine dining, shops, sidewalk cafes, and parks, all within walking or driving distance, immersing them in the area's culture.

Key Highlights

• 15,000 sq. ft. multi‑family land in East Little Havana
• Potential for 12 market‑rate units
• City of Miami double density workforce program allows for 24 apartments**

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,923

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 15,000 Sq. Ft. land with development potential.

Where is this land located?

The property is located at 745 SW 3rd St Miami, FL.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 15,000 sq. ft. multi‑family land in East Little Havana; Potential for 12 market‑rate units; City of Miami double density workforce program allows for 24 apartments**