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- LoopNet Team
300 SW 12th Ave
Miami, FL 33130
El Capiro Multifamily Development Site · Land For Sale
·
0.69 AC
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.69 AC |
| Zoning | T5-O - Mixed-Use | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.69 AC |
| Zoning | T5-O - Mixed-Use |
Description
Little Havana Urban Core Development Site. The neighborhood is located center of all the major employment centers of our city: Downtown, Brickell, Health and Civic Center, Gables, and the Airport; with a high transit and mobility enhanced grid and pedestrian-friendly environment. Because of the scarcity of mid-income-range product, and with residents being priced out of neighboring areas due to skyrocketing rents, little Havana is experiencing a boom of development. This guarantees full occupancy and a strong story of sustained rent growth for time to come. The site is best served by being entitled through a Live- Local/SB102 process. Applied to this lot, SB102 would allow for over 688 buildable units and up to 24 stories of height or 48 with bonuses, with no FLR restrictions. In other words, the only density or height limitation on this property will be based on how efficiently you handle parking within the building envelope. Site is beautifully laid out in a 300 x 100 rectangle which allows for hyper-efficient design layout and cost to build, with frontages on two streets, allowing for ease of design of interior parking and circulations
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,116,581 |
Property Taxes
