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1941 NW Flagler Ter, Miami FL 33135

Commercial For Sale
$5,500,000

BTC: 87.48210593

ETH: 2,215.46393829

16 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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, sub 2% 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.

Location

Florida • Miami • 33135 • Commercial • For Sale

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.11 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 01-41-03-013-0280

    • Zoning: T4-R

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Other Utilities Available

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Other

  • Other financial information

    • Annual tax amount: $4,094

  • Source details

    • MLS ID: A11652701

    Other facts

    • Lot Features: City Location / Inside Lot / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x100

    • Subdivision Name: EVANSTON HEIGHTS

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc