903 13Th Ct Miami, FL 33135
This exceptional 7,800 square foot development site presents a unique investment opportunity in the vibrant heart of East Little Havana, Miami, Florida. Located at 903 SW 13th Ct, this .179-acre parcel is zoned T4R and boasts approved plans for a six-unit townhouse development, allowing for a swift commencement of construction post-closing. The property's prime location offers unparalleled access to the area's rich cultural tapestry and thriving commercial scene. Just off Southwest 8th Street (Calle Ocho), it's within walking distance of Cuban Memorial Boulevard Park, the Ball & Chain nightclub, the Little Havana Visitor Center, and the Tower Theater, ensuring high visibility and desirability. The site includes six existing parking spaces, adding significant value to the project. The property's address is 903 SW 13th Ct, Miami, FL 33135, with APN 01-4111-013-0479. This is a rare chance to capitalize on the burgeoning growth of Little Havana and create a thriving multifamily community in a highly sought-after location. The two-story building plans are ready for immediate implementation, minimizing delays and maximizing return on investment. Don't miss this chance to acquire a turnkey development project in one of Miami's most dynamic neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.