If you are looking for a strong investment opportunity, this property is a must see. Located in Eastern Little Havana, this offering is being sold strictly for land value and is zoned T 4 R, with very limited inventory available in the area. The existing duplex is a frame structure that will need to be torn down, making this an ideal ground up development opportunity. The site is well suited for a new development in an area experiencing rapid growth and redevelopment. The property is ideally located near Miami Marlins Stadium, Calle Ocho, Brickell, Downtown Miami, and the Health District. It is currently occupied with month to month tenants, allowing for interim income while permits and plans are underway. Opportunities like this in Little Havana are rare and demand is strong. It will not last.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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