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226 SW 13th Ave
Miami, FL 33135
LAND PORTFOLIO FOR REDEVELOPMENT · Land For Sale · 0.67 AC

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INVESTMENT HIGHLIGHTS

  • AREA BEING REDEVELOPED WITH MODERN MIXED-USE BUILDINGS
  • ACCESS TO I-95, 836,US-1 & THE TURNPIKE
  • A PERFECT POTENTIAL RENTAL INCOME

EXECUTIVE SUMMARY

.

PROPERTY FACTS

Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.67 AC
No. Stories 1
Zoning T5-O - The total area consists of a previously developed church, with parking lot, playground area, and a single-family house.

1 LOT AVAILABLE

Lot

Price $5,500,000
Price Per AC $8,190,764.39
Lot Size 0.67 AC

The property is composed of 4 lots which are together and form a rectangular shape totaling 29,250 Sq. Ft. with access on the east side to 17th Ave. and in the back to SW 17th Court.

DESCRIPTION

The property is composed of 4 lots which are together and form a rectangular shape totaling 29,250 Sq. Ft. with access on the east side to 17th Ave. and in the back to SW 17th Court. The main lot size is 12,750 Sq. Ft. and was used by a church, the zoning for the primary land use is 7144 religious. The lot contains the main building of the church, on the east side, and on the west side, it has a parking area. The church has been located in this place since 1922, so it is more than 100 years old. The current building, according to public records was built in 1967. The building has 3 floors and on the lower floor it was used for a children’s school, the second floor for the main part of the auditorium of the church, and the third level for an auditorium and offices. At this moment the building is vacant. The other 4,750 Sq. Ft. lot has the same zoning (7144 RELIGIOUS). The lot contains a two (2) story house (3 Bedrooms / 3 Bathrooms), built in 1924. The other two lots have been zoned "Vacant Land", the 9,750 Sq. Ft. lot size is used as a parking space. The other lot of 2,000 Sq. Ft. is vacant and is like a courtyard between the building and the house. Land lots are located in an area where there are a variety of properties and most of them are residential, multifamily, and commercial buildings with mixed zoning. The area is known as Little Havana and one of the main artery roads is Calle Ocho (SW 8th St.) which is lined with restaurants, bakeries, bars, galleries, and several other types of business stores. The area is just west of the Downtown of Miami and Brickell (Financial District). It’s flanked by the Miami River to the North and Coral Way to the south (Areas of Coral Gables and Coconut Grove), other triangular area is THE ROADS, a small neighborhood just west of Brickell where many of the old homes have been demolished to make way for modern townhomes, multi-family and building structures. This area is being pro-growth; with projects for redevelopment of this zone with modern mixed-use buildings that provide greater rental income potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-4103-014-0850
  • 01-4103-014-1330
  • 01-4103-014-1340
  • 01-4103-014-1350
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,031,731
  • Listing ID: 32439996

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 226 SW 13th Ave, Miami, FL 33135

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