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667 NW 1st St
Miami, FL 33128
Little Habana potential lot · Land For Sale
·
0.11 AC


Executive Summary
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
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
Property Facts
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | No. Stories | 2 |
| Property Subtype | Commercial | ||
| Zoning | T6-8-R | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.11 AC |
| No. Stories | 2 |
| Zoning | T6-8-R |
1 Lot Available
Lot
| Price | $2,085,405 CAD | Lot Size | 0.11 AC |
| Price Per AC | $18,958,227.20 CAD |
| Price | $2,085,405 CAD |
| Price Per AC | $18,958,227.20 CAD |
| Lot Size | 0.11 AC |
Property Taxes
| Parcel Number | 01-0200-060-1140 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,037,877 CAD |
Property Taxes
Parcel Number
01-0200-060-1140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,037,877 CAD
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