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About This Home
This 4-bedroom, 2-bathroom multi-family at 638 SW 15th Ave in Miami, FL is listed for $1,150,000 ($833 per sqft). Built in 1923, the home offers 1,381 sqft of living space on a N/A lot.
Excellent Location, Walking Distance from Ball & Chain and Little Havana's Calle Ocho has to offer. This property is the definition of a Covered Land Play. It is zoned T5-O which allows for countless redevelopment opportunities. Property also sits within a TOD site within a half mile of SW 7th Street. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved.
Property is larger than tax roll and currently a Duplex with two long term tenants paying a total of $4050 on a monthly basis with plenty of room to increase to market rents. Please do not bother the tenants.
Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.
Key Features
- Built in 1923
- 4 parking spaces
Property Details
Monthly Cost Estimate
$6,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
638 SW 15th Ave
Miami, FL 33135
Lawrence Est Land Cos Sub
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 638 SW 15th Ave is listed at $1,150,000 ($833/sqft). The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 4 parking spaces.
This property is listed by Mikel Urbistondo and can be reached at 7866832787 or MikelUrbistondo@gmail.com.
