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735 SW 1st St
2.51 Acres of Residential Land in Miami, FL 33130
Investment Highlights
- Located in Little Havana, just outside of Brickell and Downtown Miami with visibility from both West Flagler Street and Southwest 1st Street.
- Zoning allows residential, office, commercial, or hospitality and can be developed as a single phase, or multiple phases.
- T6-12-0 Zoning allows by right 150 units per acre, totaling 376 residential units.
- Entitling through Live Local allows for nearly 1,000 units per acre and increased building heights.
Executive Summary
The Property has frontage on all four sides, with major visibility and traffic on both West Flagler Street and Southwest 1st Street, taking advantage of the to-and-fro of people going to/from Downtown and Brickell. The Properties location has connectivity to major employment centers, shopping, restaurants, and entertainment venues. Walking distance to Downtown Miami and to Brickell creates opportunities to provide Brickell and Downtown living, just outside of them.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 2.51 AC |
| Property Type | Land |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.51 AC |
1 Lot Available
Lot
| Lot Size | 2.51 AC |
| Lot Size | 2.51 AC |
Located in Little Havana in Miami, Florida, this 2.51-acre parcel just outside of Brickell and Downtown Miami, between West Flagler Street and Southwest 1st Street. As-of-right zoning allows for residential, office, commercial, or hospitality.
Description
Located in Little Havana in Miami, Florida, this 2.51-acre parcel is positioned in the perfect location just outside of Brickell and Downtown Miami, between West Flagler Street and Southwest 1st Street. Land is presently vacant. The Properties T6-12-0 zoning allows by-right for 376 residential units under 12 stories that also allows for retail, office and/or hospitality. The Property has frontage on all four sides, with major visibility and traffic on both West Flagler Street and Southwest 1st Street, taking advantage of the to-and-fro of people going to/from Downtown and Brickell. The Property’s location has connectivity to major employment centers, shopping, restaurants, and entertainment venues. The property is located in close proximity to major roadways and transportation. Interstate 95 is less than a half mile away, a major highway that connects all of the east coast of Florida. The Dolphin Expressway (836), a major East/West highway, is less than a mile away. Miami International Airport is less than 4 miles away, while the Port of Miami is less than 2 miles away. In addition, the Property is a prime candidate to benefit from entitling through Live-Local. This allows for nearly 1,000 units per acre and increased building heights.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $17,332,776 CAD |
PROPERTY TAXES
zoning
| Zoning Code | T6-12-O (Allows 150 units per acre, totaling 376 allowable units by right. Allows for multiple uses, including residential, hotel, office and retail.) |
| T6-12-O (Allows 150 units per acre, totaling 376 allowable units by right. Allows for multiple uses, including residential, hotel, office and retail.) |
-
Max Cruz -
PREMIUM Development, Inc.
Presented by
735 SW 1st St
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