638 SW 15th Ave, Miami FL 33135 | Miami-Dade County | A11997082

This property, located at 638 SW 15th Ave in Miami, is part of the Lawrence Est Land Cos Sub subdivision in Little Havana. The home is a two-unit duplex with a total living area of 1,381 square feet, built in 1923. It's currently occupied by two long-term tenants who are paying a combined total of $4,050 per month. The property sits in a walkable neighborhood near Ball & Chain and the cultural offerings of Calle Ocho. The site is zoned T5-O, which opens the door to a range of potential redevelopment opportunities. It’s also part of a TOD site, located within half a mile of SW 7th Street. In addition, the site may qualify under Florida's SB 102 "Live Local Act," which could allow for the development of a 20-unit multifamily property. The property is reported to be larger than what’s reflected on the tax roll. Potential buyers are encouraged to conduct their own due diligence to confirm what types of development are possible and permitted at this location. The property is listed for sale at $1,150,000. For more information or to ask specific questions, call or text the agent directly at 305-859-4733.