1227 SW 3rd St, Miami FL 33135
1227 SW 3rd St, Miami FL 33135
$1,200,000
Basics
- Date added: Added 1 year ago
- Category: Commercial Land
- Status: Active
- Subdivision Name: LAWRENCE ESTATE LAND COS
- County Or Parish: Miami-Dade County
- DOM: 87
- Lot Size Square Feet: 7500 sq ft
- Lot Size Acres: 0.17 sq ft
Description
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Description:
An exceptional covered land play on 7,500 sf site with T5-L zoning with 5 income producing apartment units. Consisting of a main house of 3-bedroom 1 bath, 2: 2 bed 1 bath units, and 2 studios, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. If using affordable housing density bonuses; and allowing 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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Location
- Street Name: 3rd St
- Street Number: 1227
- State: FL
- Province: FL
- Zip / Postal Code: 33135
Building Details
- Building Name: LAWRENCE ESTATE LAND COS
Amenities & Features
- Water Source: Municipal Water
- Road Responsibility: Public Maintained Road
- Sewer: Other, Public Sanitation
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