625 SOUTH WEST 16TH AVE, Miami
$1,250,000 USD
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| Address | 625 SOUTH WEST 16TH AVE, Miami |
| Building Name | LAWRENCE ESTATES LAND COS |
| Type of Property | Duplex |
| Property Style | Duplex |
| Price | $1,250,000 |
| Property Status | Active |
| MLS Number | A11814449 |
| Living Area | 1881 |
| Year Built | 1946 |
| Parking Space Number | 2 |
| Folio Number | 01-41-02-006-5950 |
| Zoning Information | T4-L |
| Days on Market | 302 |
Detailed Description: Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed / 2 bath, and 2 bed / 1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A / C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Florida’s new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33135 |
| Address | 625 SOUTH WEST 16TH AVE |
| Section | 2 |
| Zip Code (4 Digits) | 3787 |
Financial Information
| Price | $1,250,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-02-006-5950 |
| Tax Amount | $6,816 |
| Tax Year | 2024 |
| Possession Information | Negotiable |
Full Descriptions
| Detailed Description | Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed / 2 bath, and 2 bed / 1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A / C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Florida’s new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available. |
| Roof Description | Curved / S-Tile Roof |
| Floor Description | Tile |
| Cooling Description | Central Air |
| Heating Description | Central, Other |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 1881 |
| Zoning Information | T4-L |
| Year Built | 1946 |
| Type of Property | Duplex |
| Style | Duplex |
| Building Name | LAWRENCE ESTATES LAND COS |
| Development Name | LAWRENCE ESTATES LAND COS |
| Construction Type | CBS Construction |
| Stories Number | 1.000 |
| Street Direction | South West |
| Parking Space Number | 2 |
| Listed with | Fausto Commercial Realty Consultants Inc |