625 SW 16th Ave new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33135
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,881 sqft
Price per Sqft $664
Subdivision Lawrence Estates Land Cos
MLS Listing ID A11814449
Construction Status Resale
HOA Y/N No
Year Built 1946
Annual Tax Amount $6,816
Tax Year 2024
Property Sub-Type Duplex
Property Description
Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed/2 bath, & 2 bed/1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A/C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Florida's new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available.
Location
State FL
County Miami-dade
Community Lawrence Estates Land Cos
Area 41
Interior
Heating Central,Other
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Spanish Tile
Total Parking Spaces 2
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-02-006-5950
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://youtu.be/N3bu_KVeLrU