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735 SW 1st St
Miami, FL 33130
Land For Sale · 2.51 AC

Investment Highlights

  • Located in Little Havana, just outside of Brickell and Downtown Miami with visibility from both West Flagler Street and Southwest 1st Street.
  • Zoning allows residential, office, commercial, or hospitality and can be developed as a single phase, or multiple phases.
  • T6-12-0 Zoning allows by right 150 units per acre, totaling 376 residential units.
  • Entitling through Live Local allows for nearly 1,000 units per acre and increased building heights.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Office Park
Total Lot Size 2.51 AC
No. Stories 2
Zoning T6-12-O - Allows 150 units per acre, totaling 376 allowable units by right. Allows for multiple uses, including residential, hotel, office and retail.

Description

Located in Little Havana in Miami, Florida, this 2.51-acre parcel is positioned in the perfect location just outside of Brickell and Downtown Miami, between West Flagler Street and Southwest 1st Street. Land is presently vacant. The Properties T6-12-0 zoning allows by-right for 376 residential units under 12 stories that also allows for retail, office and/or hospitality. The Property has frontage on all four sides, with major visibility and traffic on both West Flagler Street and Southwest 1st Street, taking advantage of the to-and-fro of people going to/from Downtown and Brickell. The Property’s location has connectivity to major employment centers, shopping, restaurants, and entertainment venues. The property is located in close proximity to major roadways and transportation. Interstate 95 is less than a half mile away, a major highway that connects all of the east coast of Florida. The Dolphin Expressway (836), a major East/West highway, is less than a mile away. Miami International Airport is less than 4 miles away, while the Port of Miami is less than 2 miles away. In addition, the Property is a prime candidate to benefit from entitling through Live-Local. This allows for nearly 1,000 units per acre and increased building heights.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-0201-040-1170
  • 01-0201-040-1160
  • 01-0201-040-1080
  • 01-0201-040-1140
  • 01-0201-040-1150
  • 01-0201-040-1020
  • 01-0201-040-1030
  • 01-0201-040-1010
  • 01-0201-040-1110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$13,200,764
  • Listing ID: 33169257

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 735 SW 1st St, Miami, FL 33130

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