Price Reduced 8.00%

$5,750,000

Est. Mortgage $27,950/mo *

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Price History

$6,250,000
10/28/2024

$5,750,000
1/28/2025

1334 SW 1st St, Miami, FL, 33135

1334 SW 1st St, Miami, FL, 33135
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Potential Seller financing on Land to Develop 109 Units in Little Havana Land Site, minutes to UM Hospitals, Brickell/Downtown Miami, Gables, Grove, & MIA. Proposed 8 stories on an assemblage of 4-lots fronting SW 1st & 2nd Streets. Apartment mix of market rate rentals & 71 Live-Local Act Submission to equal 109 units. Covered Land Play receives $17,000/mo rents currently. Renderings by MODIS Architects. See attached OM. Seller willing to take $2,250,000 at closing on a sales price of $6,250,000 and a 4,000,000 loan/(note) at 4.5% annual interest w/ a balloon payment due 18 months or earlier of construction loan.

Status:

Active

Type:

Lot / Acreage

Zoning:

6101

Subdivision:

LAWRENCE ESTATES LAND COS

Acreage:

0.67

Est. Taxes:

$14,823

Utilities

Sewer Available,Trash Collection,Water Available

Days on Market:

149

MLS #:

A11678541

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of DOUGLAS ELLIMAN Phone: 305-677-5000