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$ 5,750,000
Est. payment /mo
Active
1334 SW 1st St Miami, FL 33135
0.66 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lawrence Estates Land Cos
MLS Listing ID A11678541
HOA Y/N No
Annual Tax Amount $14,823
Tax Year 2024
Lot Size 0.665 Acres
Acres 0.665
Lot Dimensions 100x290
Property Description
Potential Seller financing on Land to Develop 109 Units in Little Havana Land Site, minutes to UM Hospitals, Brickell/Downtown Miami, Gables, Grove, & MIA. Proposed 8 stories on an assemblage of 4-lots fronting SW 1st & 2nd Streets. Apartment mix of market rate rentals & 71 Live-Local Act Submission to equal 109 units. Covered Land Play receives $17,000/mo rents currently. Renderings by MODIS Architects. See attached OM. Seller willing to take $2,250,000 at closing on a sales price of $6,250,000 and a 4,000,000 loan/(note) at 4.5% annual interest w/ a balloon payment due 18 months or earlier of construction loan.
Location
State FL
County Miami-dade
Community Lawrence Estates Land Cos
Area 41
Direction Please review attached OM and then schedule a call w/ Broker for further questions & guidance.
Exterior
Utilities Available Sewer Available, Trash Collection, Water Available
Street Surface Paved
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-02-006-1660
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11678541
Listed by Douglas Elliman