Miami, FL

2324 SW 9th St, Miami FL 33135

$1,100,000

Key Details

Status
Active
Property Type
Commercial Land

Overview

11,700 Sq. Ft. assemblage in West Little Havana that consists of a great covered land play opporutunity currently generating over $60,000 in revenue. The property is situated on the nexus of Little Havana and Shenandoah, two urban core neighborhoods experiencing dramatic and sustained growth, and on the obvious and immediate path of development. With close proximity to Coral gables and Downtown, it’s an exceptional location. One property is a residential home, the other a duplex, both wood frame structures that have reached the limits of their functional life. The T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this.

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