Home » Miami » 405 SW 11th Ave, Miami, FL 33130 | A11672587

Duplex For Sale 405 SW 11th Ave, Miami, FL 33130

$1,480,000
Price has decreased by $100,000

Property Highlights

Listing ID A11672587 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 3,554 Sqft/330.18 m2 approx. Building Area 4,950 Sqft/459.87 m2 approx. Year Built 1922 Seller considers Owner Financing Time of this property on Rebonus 102 Day(s)

405 SW 11th Ave, Miami, FL 33130

Property Description: **BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami 's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don’t miss this chance—call the Listing Agents today!

Useful Info

Previous Asking Price:$1,580,000
Original List Price:$1,580,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
  • Wood
  • Ceramic Tile
  • Hardwood
Stories:2

Property Features

Waterfront:No
Exterior Features:
  • Fence
  • Lighting
  • Enclosed Porch
  • Fruit Trees
  • Storm/security Shutters
Patio and Porch Features:
  • Porch
  • Screened
Roof:
  • Shingle
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air

Taxes and Expenses

Tax Annual Amount:$14,172

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:LAWRENCE ESTATE LAND CO
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
StyleDuplex
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1090537256
Subdivision Number5

Zoning and Legal

Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 N75FT LOTS 7 8 9 BLK 24 LOT SIZE 11250 SQUARE FEET OR 19810-4799 05 2001 5
Real Estate Folio Number (Parcel Number):01-41-02-005-4250
Zoning Description:3900
Public Survey Township:1
Public Survey Range:41
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:October 24, 2024 2:17 pm
On Market Date:October 23, 2024
Price Change Date Time:February 3, 2025 3:56 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:February 3, 2025 3:56 pm
Status Last Changed:October 24, 2024 2:17 pm
Photos Last Modified:October 24, 2024 6:31 pm
Last Modified:February 3, 2025 8:57 pm
Days on the Market Reference Date:February 3, 2025
Days on the Market (updated on Last Modified*):103
Cumulative Days on the Market (updated on Last Modified**):103

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:23
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Area:41
Courtesy of:Engel & Völkers Miami
Universal Property Id:US-12025-N-0141020054250-R-N

Location

Show Property Address:Yes
Street Name:11th Ave
Street Number:405
Street Direction Prefix:SW
Street Address:405 SW 11th Ave
City : Miami
State : Florida
Zip Code : 33130
County : Miami-Dade
Full Address:405 SW 11th Ave, Miami, FL 33130
Latitude:N25° 46' 10.2''
Longitude:W81° 47' 14.5''

Neighborhood

Postal City:Miami

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