Little Havana Development 3 Properties Offered at $2,950,000 in Miami, FL
INVESTMENT HIGHLIGHTS
- Little Havana is one of the fastest growing neighborhoods in Miami
- Office parcel is currently leased and the other two are occupied by month-to-month tenants.
- Little Havana is seeing rapid growth of mid-rise multi family and mixed used projects with strong absorption.
EXECUTIVE SUMMARY
SVN Commercial Realty is pleased to present a redevelopment opportunity consisting of three adjacent parcels located in the heart of Little Havana. The
offering totals +/- 14,716 SF or 0.33 AC of land with frontage on NW 22nd Avenue including a hard corner on NW 2nd Street. Current zoning is T6-8 and
T3-0 Urban Core which lends itself to the possibility of redevelopment into multi-family residential, office, retail, or mixed use. One of the parcels is
currently leased to an office tenant and the other two are occupied by month-to-month tenants.
Little Havana is one of the fastest growing neighborhoods in Miami and is home to landmarks such as Calle Ocho, Versailles Cafe, and Marlins Park.
Rental rates are increasing, vacancies are low, and demographics are strong. In addition, Little Havana is seeing rapid growth of mid-rise multi family and
mixed used projects with strong absorption.
offering totals +/- 14,716 SF or 0.33 AC of land with frontage on NW 22nd Avenue including a hard corner on NW 2nd Street. Current zoning is T6-8 and
T3-0 Urban Core which lends itself to the possibility of redevelopment into multi-family residential, office, retail, or mixed use. One of the parcels is
currently leased to an office tenant and the other two are occupied by month-to-month tenants.
Little Havana is one of the fastest growing neighborhoods in Miami and is home to landmarks such as Calle Ocho, Versailles Cafe, and Marlins Park.
Rental rates are increasing, vacancies are low, and demographics are strong. In addition, Little Havana is seeing rapid growth of mid-rise multi family and
mixed used projects with strong absorption.
PROPERTY FACTS
| Price | $2,950,000 |
| Price / SF | $643.40 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,585 SF |
| Total Land Area | 0.32 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2190 NW 2nd St, Miami, FL 33125 | Office | 1,739 SF | 1935 | - |
| 151 NW 22nd Ave, Miami, FL 33125 | Retail | 1,940 SF | 1950 | - |
| 2170 NW 2nd St, Miami, FL 33125 | Multifamily | 906 SF | 1952 | - |
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