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1941 NW Flagler Ter, Miami, Florida 33135

Active For Sale
$5,500,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 2 in 28 days

Description

5,000 Sq. Ft. development site in West Little Havana that consists of one vacant lot in a sector seeing surging development and demand. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, subrn2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 4 units by right however city programs exist with mixed-income development that allows for double the density to 8. Unit mixes are open so developers can build from 1 bedroom models or even to 3 bedroom models, creative and aggressive designers may adopt even co-living approach which is a trend that has shown to be very profitable for those willing to take on the unique operations.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: EVANSTON HEIGHTS
  • Zipcode: 33135
  • Street: Flagler Ter
  • Street Number: 1941
  • Floor Number: 0
  • Longitude: W81° 46′ 19.8”
  • Latitude: N25° 46′ 26.7”
  • Street Dir Prefix: NW
  • MLS Area: 41

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 50×100
  • New Taxes Expense: $0
  • Tax Annual Amount: $4,094
  • Tax Year: 2024
  • Utilities: Cable Available, Other, Electricity Available, Natural Gas Available

Location

Listing Updated: 2024-09-05 13:45:46

  • Property Type : Land
  • Listing Type : For Sale
  • Listing ID : A11652701
  • Price : $5,500,000
  • View : Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.11 Acre
  • Listing Status : Active
  • Days On Market : 27
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