506 Sw 8th Ave, Miami, Florida |
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$210,000
Beds Baths
506 SW 8th Ave
Miami , FL 33130
Vacant Land - Active
Subdivision: Horners Addn
MLS #: A10513552
Lot Dimensions: 49x80
Taxes: $1,848
Tax Year: 2017
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REMARKS: 4,000 Sq. Ft. Multi-Family vacant land site within Little Havana. T4-L 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 3 units however limited commercial applications are also allowed including a Bed & Breakfast which would double density to 6. This neighborhood is thriving thanks to its authentic and dynamic Carribean and Latin-American culture, cuisine, and the art galleries along the famous Calle Ocho. The nightlife is growing and attracts throngs of tourists year round. Nestled in the midst of Miamis employment centers, the value here is apparent.
AMENITIES: Public Sewer Service, |
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