Marcus & Millichap is pleased to present the sale of 645 SW 16 AVE, Miami, FL 33130. The Parcel Located on a 9,863 SF lot with T5-O zoning, the property allows for five stories at 65 units per acre, supporting 14 residential units or 28 hotel keys as-of-right, with additional density possible under the Live Local Act. The Subject sits just one block from the most active stretch of Little Havana, which attracts roughly 3 million tourists annually between SW 17th and SW 12th Avenues, and is steps from iconic destinations such as Ball & Chain and Domino Park. The site is also just 1.5 miles from Brickell, Miami’s financial district, an area with a median household income above $129,000 and some of the highest employment density in the Southeast. Surrounded by one of Miami-Dade County’s most densely populated neighborhoods—Little Havana, , which attracts an estimated 3 million tourists annually, over 60,000 residents within one mile and more than 300,000 within three miles—the property benefits from Little Havana’s remarkably tight multifamily market, where vacancy remains around 3% amid limited new construction and steady renter demand.