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Multifamily Residential
$1,300,000
1235 SW 2nd St Miami, FL

A11692989

13 of 100 for Sale
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an agent
  • Listed On:

    Nov 13, 2024
  • Days on Market:

    12
  • Year:

  • Taxes:

    $20,116 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1235 SW 2nd St Miami, FL An exceptional covered land play on 7,500 sf site with T6-12-O mixed-use high density zoning with 5 income producing apartment units. Consisting of a large 4 bedroom 2 bath, 4: 1 bed 1 bath units, and 1 Studio, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. The 40 yr certification was completed in June 2024. It is eligible for affordable housing density bonuses; and allows for a multitude of mixed uses including retail, residential, hospitality, office and more. But, with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents.

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