- MLS® #: A11814449
- 625 Sw 16th Ave
- Miami, FL 33135-3787
- $1,250,000
- 1,881 SqFt
- Income
Located in the heart of Little Havana bordering Shenandoah, The Roads, and just minutes from Brickell, this income-producing multifamily property presents a rare investment and redevelopment opportunity in one of Miami’s most dynamic urban corridors. zoned T3O Situated at 1010 SW 14th Ave, this 2,600 SF multifamily residence features 5 bedrooms and 3 bathrooms and is currently generating over $5,000 in monthly rental income, offering immediate cash flow for investors. The property’s flexible layout allows it to be held as a performing rental asset or repositioned for future development. For developers and builders, the property can be delivered with approved plans to construct two modern townhomes with rooftop terraces, maximizing the value of its prime central location near Downtown, Coral Gables, and major employment centers. Surrounded by vibrant culture, dining, and rapid redevelopment, this property offers multiple exit strategies: hold for income, renovate, or build new luxury townhomes in a neighborhood experiencing strong demand and growth. A unique opportunity to acquire a high-performing asset with development upside in the urban core of Miami.
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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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