Miami, FL 33135,625 SW 16th Ave
Miami, FL 33135,625 SW 16th Ave
Miami, FL 33135,625 SW 16th Ave
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$1,250,000
Est. payment /mo
1,881 SqFt

UPDATED:

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

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Listed by Fausto Commercial Realty Consultants Inc

Learn More About LPT Realty

agent

Degeana Valdez

+1(954) 559-2286

Realtor® | License ID: 3486648

Realtor® License ID: 3486648

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625 SW 16th Ave