2295 SW 9th Street presents a rare 20,340 SF corner lot with dual zoning—T6-8 and T4-R—offering immediate development potential for up to 25 multifamily units by right. Strategically located in Miami's vibrant Little Havana neighborhood, this property sits just minutes from Coral Gables, Brickell, and Downtown Miami, placing it at the nexus of culture, commerce, and connectivity.?
Key Highlights:
Zoning Flexibility: Current T6-8 and T4-R zoning allows for 25 units. Potential upzoning to T4-L or T5 can activate the SB 102 Live Local Act, unlocking the ability to develop over 100 residential units, significantly enhancing ROI.?
Strategic Location: Situated in Little Havana, a neighborhood renowned for its rich cultural heritage and vibrant community life. The area is experiencing ongoing revitalization, attracting both residents and investors.
Population: Within a 2-mile radius, the area boasts a dense population, indicative of strong housing demand.
Employment Centers: Proximity to major employment hubs like Downtown Miami and Brickell ensures a steady demand for housing from working professionals.
Vacancy Rates: The area's high occupancy rates reflect a tight rental market, underscoring the viability of new residential developments.?
Accessibility: Excellent connectivity via major thoroughfares and public transportation, facilitating easy commutes to surrounding neighborhoods and business districts.?
This property offers a compelling opportunity for developers and investors to capitalize on Little Havana's growth trajectory and the benefits of the SB 102 Live Local Act. Whether pursuing a by-right development or leveraging upzoning potential, 2295 SW 9th Street is a gateway to significant returns in one of Miami's most dynamic neighborhoods.