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Property profile & analytics

1827 3Rd St Miami, FL 33135

  • Commercial land
  • 0.15 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US19-0801097
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 1827 3Rd St

Lot size
0.15 lot acres
Zone code
4600:MULTI-FAMILY,5+STORY
Property type
Commercial land
APN
01-4103-014-1210
APU
141030141210

Description

This exceptional 6,356 square foot lot presents a prime development opportunity in Miami's vibrant Little Havana neighborhood. Located at 1827 SW 3rd St, Miami, FL 33135, this flat, clear lot is zoned T-5-R, offering significant potential for developers. The property's zoning allows for the construction of up to nine open market units or eighteen workforce housing units, catering to diverse development strategies. A key advantage is the existing agreement with the Water and Sewer Authority (WASA), eliminating the need for costly water main extensions, even with the maximum eighteen-unit build-out. This significantly reduces development costs and streamlines the construction process. The asking price for this exceptional property is $630,000. Its strategic location in Little Havana, combined with its zoning flexibility and infrastructure advantages, makes this a truly compelling investment prospect for developers seeking a high-return project in a rapidly growing area of Miami. The property's convenient location offers easy access to major transportation routes, local amenities, and the dynamic cultural scene of Little Havana. This is a rare opportunity to acquire a well-situated development site with minimal upfront infrastructure hurdles. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-dade
State
Florida
Longitude
-80.2253
Latitude
25.77
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,069
$476,700
$0.00
$476,700
-
$476,700
$0.00
$476,700
More about this property
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