1601 SW 3rd St 0.2 Acres of Commercial Land Offered at $1,730,000 in Miami, FL 33135
INVESTMENT HIGHLIGHTS
- The site features approved permits and paid impact fees
- Amenities nearby include department and grocery stores
- Convenient to Downtown Miami and Brickell
- Minutes from Miami International Airport and walking distance to LoanDepot Park
EXECUTIVE SUMMARY
1601 SW 3rd St is a prime development site located in Little Havana, Miami. This T4-L zoned corner lot is approved for the construction of 14 affordable housing units, including 9 two-bedroom and 5 one-bedroom units, with on-site parking for 11 vehicles. All permits have been finalized and impact fees are fully paid. The land is ready for immediate development. The projected sell value of the completed project is approximately $5.2 million. The property is in close proximity to Miami International Airport, major roadways, and public transportation. Nearby amenities include grocery and department stores, and the site is within walking distance of local sports venues and cultural attractions. Located in a high-demand area undergoing continued growth, this site offers a functional and efficient option for residential development.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,730,000 |
| Price Per AC | $8,497,846.07 |
| Lot Size | 0.20 AC |
DESCRIPTION
The property is located less than one mile from LoanDepot Park, home of the Florida Marlins, and just five minutes from the University of Miami. It is also in close proximity to Miami International Airport, major transportation routes, and local beaches. Nearby amenities include grocery and department stores, with additional recreational and cultural venues within walking distance. Situated in one of Miami’s fastest-growing neighborhoods, this site offers a ready-to-build residential project in a well-connected urban setting.
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 01-4102-006-2990 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $536,514 |
