LAND PORTFOLIO IN MIAMI

AREA BEING REDEVELOPED WITH MODERN MIXED-USE BUILDINGS

A PERFECT POTENTIAL RENTAL INCOME

ACCESS TO I-95, 836,US-1 & THE TURNPIKE

Property Description

The property is composed of 4 lots which are together and form a rectangular shape totaling 29,250 Sq. Ft. with access on the east side to 17th Ave. and in the back to SW 17th Court. The main lot size is 12,750 Sq. Ft. and was used by a church, the zoning for the primary land use is 7144 religious. The lot contains the main building of the church, on the east side, and on the west side, it has a parking area. The church has been located in this place since 1922, so it is more than 100 years old. The current building, according to public records was built in 1967. The building has 3 floors and on the lower floor it was used for a children’s school, the second floor for the main part of the auditorium of the church, and the third level for an auditorium and offices. At this moment the building is vacant. The other 4,750 Sq. Ft. lot has the same zoning (7144 RELIGIOUS). The lot contains a two (2) story house (3 Bedrooms / 3 Bathrooms), built in 1924. The other two lots have been zoned "Vacant Land", the 9,750 Sq. Ft. lot size is used as a parking space. The other lot of 2,000 Sq. Ft. is vacant and is like a courtyard between the building and the house. Land lots are located in an area where there are a variety of properties and most of them are residential, multifamily, and commercial buildings with mixed zoning.  The area is known as Little Havana and one of the main artery roads is Calle Ocho (SW 8th St.) which is lined with restaurants, bakeries, bars, galleries, and several other types of business stores. #22633