405 11th Ave ,Detached, Duplex, Lawrence Estate Land Co for Sale

405 11th Ave for Sale

Price $1,480,000.00

• Lot size 4950
• Year Build 1922
• Waterfront
• Zip 33130
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

**BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don?t miss this chance?call the Listing Agents today!

We understand that showings are typically part of the process, but given that this is primarily a redevelopment opportunity, we're holding off on property tours until we have a signed Letter of Intent (LOI) or a Purchase and Sale Agreement (PSA) in place. This approach helps ensure we're aligning with serious buyers only. **OWNER FINANCING** is available to the right buyer, and with the property?s rich history as part of the Milam family legacy, it could be an exciting opportunity for an Elementary or Pre-School. Thank you for your understanding and cooperation! First floor is owner occupied. Second floor rented at $2995/month through Sept 2025.

LAWRENCE ESTATE LAND COS SUB PB 2-46 N75FT LOTS 7 8 9 BLK 24 LOT SIZE 11250 SQUARE FEET OR 19810-4799 05 2001 5

1/4 To Less Than 1/2 Acre Lot

**BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don?t miss this chance?call the Listing Agents today!

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Tile,2:Wood,Latitude:25.7695132,Cooling Y N:1,List Price:1480000,Listing Id:A11672587,Longitude:-80.2126371,Mls Status:Active,Year Built:1922,Living Area:3554,Postal Code:33130,Street Name:11th Ave,Coordinates:1:25.7695132,Photos Count:23,Building Name:LAWRENCE ESTATE LAND CO,Days On Market:103,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estate Land Co,On Market Date:2024-10-23,Parcel Number:01-41-02-005-4250,Property Type:Residential Income,Stories Total:2,Street Number:405,M I A M I R E_ Style:Duplex,Public Remarks:**BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don?t miss this chance?call the Listing Agents today!,County Or Parish:Miami-Dade County,List Office Name:Engel & V?lkers Miami,Private Remarks:We understand that showings are typically part of the process, but given that this is primarily a redevelopment opportunity, we're holding off on property tours until we have a signed Letter of Intent (LOI) or a Purchase and Sale Agreement (PSA) in place. This approach helps ensure we're aligning with serious buyers only. **OWNER FINANCING** is available to the right buyer, and with the property?s rich history as part of the Milam family legacy, it could be an exciting opportunity for an Elementary or Pre-School. Thank you for your understanding and cooperation! First floor is owner occupied. Second floor rented at $2995/month through Sept 2025.,Standard Status:Active,Window Features:1:Blinds,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2407,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LAWRENCE ESTATE LAND CO,Tax Annual Amount:14172,Total Actual Rent:71880,Unparsed Address:405 SW 11th Ave, Miami FL 33130,Exterior Features:1:Fruit Trees,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4950,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:416.4322,Original List Price:1580000,Previous List Price:1580000,Public Survey Range:41,I D X Participation Y N:1,Number Of Units Total:2,Syndication Remarks:**BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don?t miss this chance?call the Listing Agents today!,Listing Contract Date:2024-10-23,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:405,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 N75FT LOTS 7 8 9 BLK 24 LOT SIZE 11250 SQUARE FEET OR 19810-4799 05 2001 5,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3455,M I A M I R E_ Internet Remarks:**Builders, Developers, and Childcare Providers** Redevelopment Opportunity in the Heart of Little Havana w/ **Owner Financing** for the Right Buyer,Contract Status Change Date:2024-10-23,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:416.43,