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Gelfand Realty Miami Properties - Other Land

2324 SW 9TH ST, MIAMI, FL 33135

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Other Land - BYAN PARK

2324 SW 9TH ST, MIAMI, FL 33135

Sold Price$1,000,000 Asking Price$1,100,000

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  • Days on market:

    36 day(s)
  • Original Price:

    $1,100,000
  • Tax Legal Description:

    BRYAN PARK PB 5-69 LOT 11 BLK 3 LOT SIZE 5850 SQUARE FEET COC 24478-0524 04 2006 1
  • Tax Year:

    2024
  • Property Type:

    Land
  • Waterfrontage (sqft):

    100
  • Lot Features:

    City Location Less Than 1 Acre Inside Lot Irregular Lot

Description

$1,100,000

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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