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.
Property Details
Price:
$5,750,000
MLS #:
A11678541
Status:
Active
Beds:
0
Baths:
0
Address:
1334 SW 1st St
Type:
Single Family
Subdivision:
LAWRENCE ESTATES LAND COS
Neighborhood:
Lawrence Estates Land Cos
City:
Miami
Listed Date:
Oct 28, 2024
State:
FL
ZIP:
33135
Lot Size:
29,000 sqft / 0.67 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$14,823
Map
Community
- Address1334 SW 1st St Miami FL
- SubdivisionLAWRENCE ESTATES LAND COS
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
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1334 SW 1st St
Miami, FL
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