667 NW 1st St - Commercial LAND FOR SALE


Miami, FL 33128- Little Havana5,001 SF
$1,500,000 USD
305-753-3295
667 NW 1st St, Miami, FL for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/5
5,001 SF

667 NW 1st St
Miami, FL 33128
Little Havana


OVERVIEW

This 5,000 SF development site in Little Havana is zoned T6-8 under Miami 21, offering a rare high-density infill opportunity within one of Miami’s most active urban residential corridors. Preliminary analysis indicates the potential for up to 34 micro-units through current density allowances and reduced parking requirements, supported by an efficient unit mix targeting both market-rate and workforce housing (60%–120% AMI). The property is currently improved with a single-family residence, providing potential interim rental income while development plans and approvals are advanced, helping offset carrying costs during the entitlement phase. Positioned within a zoning framework designed to support vertical multifamily development, the site benefits from strong underlying demand fundamentals driven by continued population growth and affordability constraints in central Miami. With its compact footprint, efficient yield profile, and alignment with attainable housing policy trends, the property represents a compelling opportunity for developers seeking density-driven infill in a supply-constrained urban core. Program Unit Breakdown As Entitled: -50% market rate Note: The other 50% is between 60-120% Ami -15% at 60% Ami -25% at 100% Ami -10% at 120% Ami

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$13,065,405/AC

PRICE/SF

$300 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Little Habana potential lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.11 AC

LAND SF

5,001 SF

OFFSITE IMPROVEMENTS

-

ZONING

T6-8-R

APN/PARCEL ID

01-0200-060-1140

ASK ABOUT THIS PROPERTY

Christopher CarbonellFausto Commercial Realty ConsultantsMore Info
305-753-3295

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Christopher CarbonellFausto Commercial Realty ConsultantsMore Info
305-753-3295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.