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5895 W Flagler St, Miami FL 33144

Commercial For Sale
$1,199,000

BTC: 18.73437500

ETH: 666.11111111

6 days
0 room(s)

Overview

RARE DEVELOPMENT OPPORTUNITY IN THE HEART OF MIAMI! Exceptional vacant commercial parcel zoned T6-8, offering tremendous potential for investors, developers, and builders. Previously approved plans by the City of Miami allowed for the development of up to 12 residential units (2-bedroom/2-bath layouts). Current zoning may support the potential for up to 32 units in an 8-story mixed-use or multifamily development (buyer to verify all development rights and zoning regulations with the City of Miami). Ideally positioned near Coral Gables, Brickell, Downtown Miami, Miami International Airport, major highways, business districts, shopping, dining, and employment centers. This strategic location offers excellent connectivity and strong demand drivers, making it an outstanding opportunity for a multifamily, mixed-use, or investment project. A rare chance to acquire development-ready land in one of Miami's fastest-growing urban corridors. Located in a opportunity zone. Call for more information and plans.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.35 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$625,000
$343K – $3.2M
Confidence Low
List vs. estimate
$574K above estimate
List $1,199,000 · +91.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $552K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,472
2025
All facts and features
  • Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 01-40-01-003-0500

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Trash Removal

    • Underground Utilities

  • Other financial information

    • Annual tax amount: $13,472

  • Source details

    • MLS ID: A12026563

    Other facts

    • Lot Features: City Location / Corner Location / Near Airport / Urban Area Development / Dirt / Rock Land / 1-2.5 Acres / Cleared Land / Compact Soil / No Bldg Included

    • Water Source: Municipal Water

    • Lot Size Dimensions: 83x108

    • Subdivision Name: W FLAGLER PK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: Coldwell Banker Realty