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Property view

1037 NW 2nd St, 
Miami, FL 33128

$560,000


Bed


Bath


-

Sq Ft


0.16

Acres (Lot)


Land

Sold

Listed by

Mauricio Villasuso

Bought with Kroll Realty Company

Fausto Commercial Realty Consultants Inc

305-431-2258

MLS#

A11342887

Source:

SEFMLS

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About This Land

1037 NW 2nd St

7,000 Sq. Ft. site w/plans for 10 units in East Little Havana. 8 units are designated workforce housing, 1 for affordable housing & 1 for low income. The unit mix consists of six 2 bedroom 1 bath units, & four studios. WASD & Miami Dade County are good with using existing water & sewer in the street which is another reduced expense for potential developers. The plans were qualified under prior parking exemption rules giving any developers flexibility to build at a significantly reduced cost 2 stories, providing higher returns, with a high design, new construction product in the neighborhood. The surrounding area has seen a huge revitalization with several construction projects to the East completed. This is a COVID-19/inflation proof investment in Miami’s most iconic neighborhood.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.16

MLS #:

A11342887

Sold:

November 27, 2023


Finances & Disclosures

Finances

Price:

$600,000

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.