Property Details
| Asking Price | $3,850,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| MLS # | A11981426 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
Exceptional 21,439 SF assemblage on NW 17th AV in West Little Havana, adjacent to the iconic Loan Depot Stadium, offering prime T5-L zoning and major development upside under the Live Local Act (SB102/SB136), allowing for over 150 units and up to 24– stories with no FLR cap. The site includes residential income buildings and a vacant building—a Duplex from 1981, a 2-unit 3-bed/2-bath and 2/1, another Duplex with both units 2/1, a single family home and a triplex with plans approved for renovation—all currently rented below market. Located just five minutes from Brickell and Downtown, this high- visibility corridor draws over 3 million tourists annually and is surrounded by top local hotspots like Ball & Chain, Torreros Bonfire, and more. With 17th Avenue frontage, strong transit access, and rising demand for retail and residential, the site sits at the heart of Miami’s most vibrant and rapidly evolving neighborhood. Property Addresses: 1651 & 1675 NW 2 St, 221 & 227 NW 17 Ave, Miami, FL Total Land Area: ±21,439 SF (±0.49 acres) Zoning: T5-L (up to 65 units/acre) Live Local Eligibility: Yes – Florida SB 102 incentives Combined Asking Price: $3,850,000 Developer Advantages 1. Accelerated Entitlement – SB 102 overrides local zoning and reduces approval time. 2. Density & Flexibility – Build up to 1000 units/acre, including workforce housing. 3. Immediate Income + Upside – Current rentals provide cash flow while preparing for redevelopment.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 1675 NW 2nd St
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10055156 | $265,000 | 5/16/16 |
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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