$480,000New
SW 240TH ST, Miami, FL 33031
VACANT RESIDENTIAL
1 / 21
Status
Active
Type
Residential
Year Built
—
Days on Market
112
Lot Size
5,000 sqft
MLS #
A12022548
About This Home
Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.
Building & Association
- Building Name
- LAWRENCE ESTATES LAND COS
- Association
- No
Lot & Construction
- Lot Features
- Fenced
- Lot Size Square Feet
- 5,000
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records
- Parcel Number
- 01-41-02-006-4890
- Tax Annual Amount
- $8,103
- Tax Year
- 2,025
- Zoning
- 3901
- County Or Parish
- Miami-Dade County
Location
Courtesy of Fausto Commercial Realty Consultants Inc
