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Other Land - LAWRENCE ESTATE LAND CO for Sale

1037 NW 2ND ST, MIAMI, FL 33128

Asking Price$600,000

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  • Lot size 7000sqft
  • Taxes $7,228
  • Days on market:

    172 day(s)
  • Original Price:

    $600,000
  • Tax Legal Description:

    2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 14 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 17959-3679 0198 4
  • Tax Year:

    2022
  • Property Type:

    Land
  • Waterfrontage (sqft):

    50
  • Lot Features:

    City Location Less Than 1 Acre Inside Lot

Description

$600,000

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.

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