Miami, FL 33128,1037 NW 2nd St
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Miami, FL 33128,1037 NW 2nd St
Miami, FL 33128,1037 NW 2nd St
Miami, FL 33128,1037 NW 2nd St
Miami, FL 33128,1037 NW 2nd St

$560,000

Est. payment /mo

$600,000

6.7%
Est.Price: ?

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1037 NW 2nd St Miami, FL 33128

6,969 Sqft Lot

SOLD DATE : 11/27/2023

Key Details

Sold Price $560,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Lawrence Estate Land Co

MLS Listing ID A11342887

Sold Date 11/27/23

HOA Y/N No

Annual Tax Amount $7,228

Tax Year 2022

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x140

Property Description

7,000 Sq. Ft. site w/plans for 10 units in East Little Havana. 8 units are designated workforce housing, 1 for affordable housing & 1 for low income. The unit mix consists of six 2 bedroom 1 bath units, & four studios. WASD & Miami Dade County are good with using existing water & sewer in the street which is another reduced expense for potential developers. The plans were qualified under prior parking exemption rules giving any developers flexibility to build at a significantly reduced cost 2 stories, providing higher returns, with a high design, new construction product in the neighborhood. The surrounding area has seen a huge revitalization with several construction projects to the East completed. This is a COVID-19/inflation proof investment in Miami’s most iconic neighborhood.

Location

State FL

County Miami-dade County

Community Lawrence Estate Land Co

Area 41

Exterior

Utilities Available Other

Street Surface Other

Building

Lot Description <1 Acre

Sewer Other

Water Other

Others

Tax ID 01-41-02-005-1650

Financing Cash

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

Johanna Izaguirre

Realtor | License ID: 3353581

+1(305) 788-0336

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