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1628 SW 7Th St Miami, FL 33135

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For Sale
$6,050,000

23,850 SF assemblage near Calle Ocho for development.

Lot size:
0.55 Acres

Property Features for 1628 SW 7Th St

General Information

Lot size
0.55 Acres

Source: Fausto Commercial Realty Consultants Inc Agent Mauricio Villasuso

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

West Little Havana Development Opportunity

This is an exceptional assemblage of 23,850 square feet on three contiguous properties located in West Little Havana. The properties are zoned T5-O and situated on the SW 7 ST corridor, abutting Calle Ocho. The site is suitable for entitlement through a Live-Local/SB102 & 136 process. Applied to this lot, SB102 would allow well over 150 buildable units & up to 24 stories of height or 48 with bonuses, with no FLR restrictions. One of the properties includes a 1940s eight-unit apartment building, featuring studios with identical floor plans, situated on a 7,500 square foot lot. Another property contains a five-unit building with one-bedroom, one-bathroom apartments on a 7,500 square foot lot. The third property features a ten-unit building constructed in 1965. All units are currently rented below market value. The location is within five minutes of Brickell and Downtown. The nationally recognized Little Havana neighborhood is known for its culturally rich lifestyle.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.22163
Latitude
25.766218

FAQs

What type of property is this?
Commercial land - 23,850 SF assemblage near Calle Ocho for development.
Where is this commercial land located?
The property is located at 1628 SW 7Th St Miami, FL.
What is the asking price?
The asking price for this property is $6,050,000.
What are key features of this property?
This property features: - Large 23,850 SF assemblage of 3 contiguous properties with T5-O zoning in West Little Havana.; - Potential for significant development allowing for over 150 units.; - Located on the SW 7 ST corridor, abutting Calle Ocho.
More about this property
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