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745 SW 3, Miami, FL 33130
$1,250,000
745 SW 3, Miami, FL 33130View this property at 745 SW 3, Miami, FL 33130
745 SW 3MiamiFL33130
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Property Description
15,000 Sq. Ft. Multi-Family land within East Little Havana. 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. Density allows for 12 units however city programs exist with mixed-income development that allows for double the density to 24. Phase provides have reviewed and approved for 24: 2 bedroom 1 bath building, concept with 1 parking space per dwelling and flexibility for amenities available. The housing demand is very high driving rents up, take advantage of this inflation proof investment and contact us immediately.
Full Property Details
Full Property Details for 745 SW 3
General
- Sold For: $1,250,000
- Taxes: $18,554 (2023)
- Status: Closed
- Type: Commercial Land
- MLS ID: A11473799
- Added to Site: 203 day(s) ago
Location
- Area: City Of Miami South
- County: Miami-Dade County
- Subdivision: CITY OF MIAMI SOUTH
- Building Name: CITY OF MIAMI SOUTH
Community
- Community Name: City Of Miami South
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, No Utilities, Other Utilities Available, Phone Connected, Cable Available, Electricity Available, Other, Phone Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Dimensions: 100 x 150
- Frontage Feet: 100
- Lot Features: City Location, Inside Lot, Less Than 1 Acre
- Potential Use: Investment, Central Urban
- Zoning: T4-R
Financial Considerations
- Tax Amount: $18,554
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: CITY OF MIAMI SOUTH PB B-41 LOTS 15 & 16 BLK 22 PER UNITY OF TITLE OR 29648-434 LOT SIZE 15000 SQ FT M/L OR 25881-0889 0707 5 & OR 25905-023
- Property ID: 01-02-02-020-1170
Listed by Fausto Commercial Realty Consultants Inc
Sold by Great Properties International LLC
Get Pre-Approved Today
Schools
Schools serving 745 SW 3
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1190 Sw 2nd St, Miami, FL 33130 | PK-5 | 0.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 21.3 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.4 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 1.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 16.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 745 SW 3
Date
Details
Price
Change
Source
2/27/2024
Sold
$1,250,000
13.64%
MLS
10/22/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
745 SW 3, Miami, FL 33130 (MLS# A11473799) is a Commercial Land property that was sold at $1,250,000 on February 27, 2024. Want to learn more about 745 SW 3? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.