Home » Miami » 1235 SW 2nd St, Miami, FL 33135 | A11692989

Multi Family For Sale 1235 SW 2nd St, Miami, FL 33135

$1,300,000

Property Highlights

Listing ID A11692989 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Commercial Sale Multi Family Building Area 4,424 Sqft/411.00 m2 approx. Lot area 7,500 Sqft/696.77 m2 approx. Year Built 1914 Time of this property on Rebonus 78 Day(s)

1235 SW 2nd St, Miami, FL 33135

Property Description: An exceptional covered land play on 7,500 sf site with T6-12-O mixed-use high density zoning with 5 income producing apartment units. Consisting of a large 4 bedroom 2 bath, 4: 1 bed 1 bath units, and 1 Studio, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. The 40 yr certification was completed in June 2024. It is eligible for affordable housing density bonuses; and allows for a multitude of mixed uses including retail, residential, hospitality, office and more. But, with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents.

Useful Info

Contingency:No Contingencies
Original List Price:$1,300,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Apartment

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$20,116

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.

Terms

Occupant Type:
  • Tenant
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1095086241
Subdivision Number6

Zoning and Legal

Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 16 BLK 80 LOT SIZE 7500 SQUARE FEET OR 17460-3347-3357 1096 4
Real Estate Folio Number (Parcel Number):01-41-02-006-1890
Zoning Description:T6-12-O
Public Survey Township:1
Public Survey Range:41
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:November 13, 2024 11:44 am
On Market Date:November 12, 2024
Price Change Date Time:November 13, 2024 11:44 am
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:January 15, 2025 1:47 pm
Status Last Changed:January 15, 2025 1:47 pm
Photos Last Modified:November 13, 2024 5:17 pm
Last Modified:January 21, 2025 2:30 pm
Days on the Market Reference Date:January 21, 2025
Days on the Market (updated on Last Modified*):64
Cumulative Days on the Market (updated on Last Modified**):64

Additional Information

Number of Photos:43
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12025-N-0141020061890-R-N

Location

Show Property Address:Yes
Street Name:2nd St
Street Number:1235
Street Direction Prefix:SW
Street Address:1235 SW 2nd St
City : Miami
State : Florida
Zip Code : 33135
County : Miami-Dade
Full Address:1235 SW 2nd St, Miami, FL 33135
Latitude:N25° 46' 18.5''
Longitude:W81° 47' 4.6''

Neighborhood

Postal City:Miami

Property Map