Property Details
| Sold Price | $560,000 |
|---|---|
| Last Asking Price | $600,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $7,228 2022 |
| Interior Space | — |
| Beds/Baths | —/— |
| Lot Size | 7,000 SqFt |
| Closed Date | 11/27/2023 |
| MLS # | A11342887 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
7,000 Sq. Ft. site w/plans for 10 units in East Little Havana. 8 units are designated workforce housing, 1 for affordable housing & 1 for low income. The unit mix consists of six 2 bedroom 1 bath units, & four studios. WASD & Miami Dade County are good with using existing water & sewer in the street which is another reduced expense for potential developers. The plans were qualified under prior parking exemption rules giving any developers flexibility to build at a significantly reduced cost 2 stories, providing higher returns, with a high design, new construction product in the neighborhood. The surrounding area has seen a huge revitalization with several construction projects to the East completed. This is a COVID-19/inflation proof investment in Miami’s most iconic neighborhood.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 1037 NW 2nd Street, Miami, FL 33128
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11097622 | $375,000 | 12/6/21 |
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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