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Investment Highlights

  • Multiple recent comparable sales support pricing and provide clear underwriting confidence
  • Brickell-adjacent location in Miami’s urban core with significant institutional capital inflows
  • Plans & permits approved — eliminates entitlement risk and accelerates timeline to build
  • Positioned in a high-growth corridor where developer activity continues to drive values upward

Executive Summary

NEW PRICE: $625,000 | $125 PER LAND SF
Pay Impact fees and start to build!
Exceptional opportunity to acquire a 5,000-square-foot development site in Little Havana at an attractive basis of just $125 per land square foot. The property includes architectural plans for four three-story townhomes, resulting in a land basis of approximately $156,250 per planned residence.
Each townhome is designed with a spacious 3-bedroom, 3-bathroom layout averaging approximately 1,500 square feet of air-conditioned living area. The plans maximize the property’s T4-L zoning and incorporate six dedicated parking spaces, a pool and deck, landscaped outdoor areas, and bicycle storage.
Strategically positioned just off Flagler Street, the property is approximately three minutes from Brickell, five minutes from I-95, and offers immediate access to the 836 Dolphin Expressway. It is also located just blocks from LoanDepot Park, within one of Miami’s most connected and rapidly evolving urban neighborhoods.
Little Havana continues to experience strong residential demand due to its proximity to Brickell, Downtown Miami, employment centers, and major transportation corridors. With plans already prepared and a newly reduced acquisition basis, the property presents an attractive opportunity for a developer pursuing either a townhome sellout strategy or a long-term rental hold.
Recently reduced from $675,000 to $625,000—a compelling opportunity to secure a well-located infill development site with approvals in place and ready to build.

Property Facts

Price $625,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.11 AC
Zoning T4-L

1 Lot Available

Lot

Price $625,000
Price Per AC $5,444,250.87
Lot Size 0.11 AC

Description

Full set of plans available upon request

Exceptionally walkable
90/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
01-4102-005-3460
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$308,550
  • Listing ID: 39656864

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 136 SW 11th Ave, Miami, FL 33130

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