850 SW 2nd St Miami, FL 33130
Riverside NeighborhoodEstimated payment $4,563/month
About This Lot
Incredible opportunity to acquire a 7,500 sq. ft. lot in East Little Havana — one of Miami’s most in-demand neighborhoods. Zoned T4-R, the property allows for 6 units by right, with the potential to increase density to up to 12 units through a mixed-unit development approach. Strategically located near Downtown and Brickell, the site offers built-in value for future tenants and strong rental upside for developers and investors. Quick access to I-95, 836, and Flagler Street ensures efficient connectivity to all of Miami’s most desirable neighborhoods. Close proximity to Merritt K-8 Center, Mater Academy East, and public parks. With vacancy rates well below the Miami avg and sustained demand in the submarket, this location presents a blend of stability, scale, and long-term growth potential.
Co-Listing Agent
Hildegarde Meredith
Coldwell Banker Realty License #3632139
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,805
Lot Details
- 7,500 Sq Ft Lot
- North Facing Home
- Cleared Lot
- Property is zoned 3900
Community Details
- No Home Owners Association
- Brickell Riverview Condos
- Brickell Riverview Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-38-003-4120
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,805 | $211,835 | -- | -- |
| 2024 | $5,441 | $192,578 | -- | -- |
| 2023 | $5,441 | $175,071 | $0 | $0 |
| 2022 | $4,703 | $159,156 | $0 | $0 |
| 2021 | $4,688 | $144,688 | $0 | $0 |
| 2020 | $4,537 | $375,000 | $375,000 | $0 |
| 2019 | $4,378 | $375,000 | $375,000 | $0 |
| 2018 | $3,565 | $300,000 | $300,000 | $0 |
| 2017 | $3,238 | $98,826 | $0 | $0 |
| 2016 | $2,676 | $89,842 | $0 | $0 |
| 2015 | $2,336 | $81,675 | $0 | $0 |
| 2014 | $2,049 | $74,250 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Warranty Deed | $328,000 | East Coast Title Co Of Fl | |
| Deed | $99,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,000 | No Value Available | |
| Closed | -- | No Value Available | |
| Previous Owner | $74,000 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11806802
APN: 01-4138-003-4120
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