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 two 1/1 units and one 2/1 unit, generating solid income. 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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-5
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.84 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.20 miles
Public Charter Grades KG-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school0.23 miles
Public Charter Grades 6-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school0.33 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Mater Virtual Academy Charter Middle/High School
601 NW 12th Ave
Distance between this listing and this school0.20 miles
Public Charter Grades 6-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school0.22 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.32 miles
The neighbors living near this home have an average income of $30,607. Most Miami, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 320 NW 11th Ave in Miami, FL and zip code 33128 in the Little Havana neighborhood. This 2,119 square foot home was built in 1925. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $685,000.
While more than 38 listings in Miami, FL in November 2024 were sold above asking price, there were more than 112 listings sold at asking price, and more than 445 were sold below. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.
From Rocket Homes Real Estate and based on county public records data.