Land development opportunity in the heart of Little Havana. This 7,500 sqft lot is zoned T4-L with approved plans to build 12 modern apartments under Miami 21 workforce zoning allowance. The approved plans consists of 2 buildings with a total of rentable square footage of 7089 sq. feet with a unit break down of:
4 units 2BR/2 Bath
3 units 1BR/1 Bath
5 units Studio 1 Bath
The selling price is based on the land with fully approved plans to develop the 12 units for a total land cost of $679,000 and a turnkey price of $2,100,000 for the land with the construction if the buyer prefers for the seller to build as per approved plans.