$4,900,000 Prime 22,500 SF site in West Little Havana with T5-O zoning, ideal for Live-Local/SB102 development, allowing over 300 units and up to 24 stories (48 with bonuses), no FLR limits. Includes three parcels: one with a 12-unit "Old Spanish" apartment (7,500 SF), and two 1954 5-unit buildings (15,000 SF), all 1 bed/1 bath. Located near Brickell and Downtown, along vibrant Calle Ocho, attracting 3M+ tourists yearly. Close to Ball & Chain, Union Beer Store, and more, with retail rents nearing $60psf. SW 17 AV frontage offers easy access to Coral Gables, airport, and high-frequency transit. Little Havana’s central location and booming development make it a hotspot for high-income residents and businesses.
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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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