$685,000
$60K PRICE INCREASE

Estimated payment $4,485/month

Total Views 2,818
-- Bed
-- Bath
2,119 Sq Ft
$323 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Terrazzo Flooring
  • Heating Available
  • 4-minute walk to Henderson Park

About This Home

Fausto commercial is proud to present 320 NW 11 Ave, a highly sought-after income-producing covered land play in East Little Havana. This property features is an irregular home generating solid income: two 1/1 units and one 2/1 unit. This T4 zoned lot allows for 4 units or 8 through government incentives—ideal for catering to the area’s growing housing demand. The property is nestled in one of Little Havana’s more residential neighborhoods, featuring treelined streets and a peaceful ambiance. Offering residents a quick commute to key employment and entertainment hubs: Downtown Miami and Brickell.

Excellent opportunity for investors looking for a covered land play in a high-demand rental market with strong fundamentals and impressive growth.

Listing Agent

Christopher Carbonell

Fausto Commercial Realty Consultants Inc License #3533720

Co-Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,934

Year Built

  • Built in 1925

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 2,119 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-1280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,934

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Other
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2119
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-005-1280
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7934

Multi Family

  • Number Of Units In Community: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,202 $334,220 -- --
2023 $7,202 $304,214 $0 $0
2022 $6,461 $238,418 $0 $0
2021 $4,791 $231,474 $0 $0
2020 $4,735 $228,279 $225,000 $3,279
2019 $5,634 $228,314 $225,000 $3,314
2018 $5,543 $228,346 $225,000 $3,346
2017 $4,324 $156,855 $0 $0
2016 $3,872 $142,596 $0 $0
2015 $3,795 $136,508 $0 $0
2014 $2,754 $72,892 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $685,000 0.0% $323 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
11/26/2024 11/26/24 Price Changed $685,000 +9.6% $323 / Sq Ft
11/05/2024 11/05/24 For Sale $625,000 +171.7% $295 / Sq Ft
02/22/2017 02/22/17 Sold $230,000 -17.9% $114 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
12/12/2016 12/12/16 Price Changed $280,000 -3.4% $139 / Sq Ft
12/01/2016 12/01/16 Price Changed $290,000 -3.3% $144 / Sq Ft
11/11/2016 11/11/16 Price Changed $300,000 +50.8% $149 / Sq Ft
11/11/2016 11/11/16 Price Changed $199,000 -37.8% $99 / Sq Ft
10/13/2016 10/13/16 For Sale $320,000 +183.2% $159 / Sq Ft
12/16/2014 12/16/14 Sold $113,000 -9.2% $56 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/13/2014 11/13/14 Price Changed $124,500 +31.7% $62 / Sq Ft
11/13/2014 11/13/14 For Sale $94,500 -- $47 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $184,200 Attorney
Warranty Deed $230,000 Nu World Title Llc
Warranty Deed $144,000 Bristol Title Services Inc
Warranty Deed $113,000 Premier Title Agency Svcs In
Warranty Deed $155,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,000 New Conventional
Previous Owner $172,500 New Conventional
Previous Owner $79,100 Unknown
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11694190

MIAMI REALTORS® MLS

APN: 01-4102-005-1280