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Gelfand Realty Miami Properties - Multi Family

625 SW 16TH AVE, MIAMI, FL 33135

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Multi Family - LAWRENCE ESTATES LAND COS

625 SW 16TH AVE, MIAMI, FL 33135

Asking Price$1,250,000

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  • Days on market:

    1 day(s)
  • Adjusted Area:

    1901 sqft
  • Original Price:

    $1,250,000
  • Price per sqft:

    $664.54
  • Tax Legal Description:

    LAWRENCE ESTATE LAND COS SUB PB 2-46 S50FT LOTS 9 & 10 BLK 102 LOT SIZE 5000 SQUARE FEET OR 19327-2041 1000 4
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Curved/S-Tile Roof
  • Cooling Description:

    Central Air
  • Heating Description:

    OtherCentral
  • Floor Description:

    Tile
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,250,000 • living size area 1881 sqft

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.

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