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Land For Sale • 0.66 AC
Develop 153 units in Little Havana near NW 12th Ave & SW 1st Street, Miami, FL, minutes to UM Hospitals, Brickell/Downtown Miami, Gables, Grove, & MIA. Plans for 12 stories with no setbacks above the 8th level on 29,000 SF assemblage. Plans call for an Apartment mix of 71 Live-Local units at 120% of AMI and balance to 153 units. Waiver Approval as of 07/30/25 for 109 units now may be amended to 153 units. Covered Land Play receives $17,000/mo in rent currently. Renderings by MODIS Architects. $5.5 mm | $36,000/door land cost | $189/SF for the Land. Potential Seller Financing. See attached OM.
| Potential to develop 153 units in 12 stories |
| 29,000 SF of Land assembled in Little Havana on high traffic street |
| Between Health District (UM & Jackson Hospitals) & Brickell/Downtown Miami, FL |
| Covered land play with rental houses/apartments generating $17,000/month in rents |
| Please see attached Offering Memorandum ("OM") for details |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover), REGULAR METRORAIL SERVICE - Miami-Dade Transit (Metrorail/Metromover)) | 3 min | - | 1.3 mi |
| Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 4 min | - | 1.5 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 20 min | - | 10.3 mi |
| Fort Lauderdale/Hollywood International | 34 min | - | 23.6 mi |
Brian Carter, MBA, CCIM
Douglas Elliman
Brian Carter, MBA, CCIM
Douglas Elliman
