Miami, FL 33130,770 SW 5th St
$520,000
$520,000
Est.Price: ?

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4,791 Sqft Lot

770 SW 5th St Miami, FL 33130

Est. payment /mo
SOLD DATE : 01/10/2020

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Key Details

Sold Price $520,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision City Of Miami South

MLS Listing ID A10755066

Sold Date 01/10/20

HOA Y/N No

Annual Tax Amount $3,752

Tax Year 2019

Contingent Pending Inspections

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Description

5,000 Sq. Ft. Multi-Family land within Little Havana. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 4 units however city programs exist with mixed-income development that allows for double the density to 8. Near the revitalization occurring by alongside the Miami River, Beckham staidum, SLAM schools and more in the heart of the neighborhood. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development.

Location

State FL

County Miami-dade County

Community City Of Miami South

Area 41

Exterior

Utilities Available Other

Present Use Commercial

Building

Lot Description <1 Acre

Sewer Other

Water Other

Others

Tax ID 01-02-03-030-1010

Financing Cash

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Listed by Fausto Commercial Realty Consultants Inc
Bought with Fausto Commercial Realty Consultants Inc

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Herman Singh

Broker

+1(310) 625-6175

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