1 of 21
Tools
Size
5,000 Sq Ft.
interior
0.11 Acres
Exterior
Financial
$5,500,000
Change Currency
$1,100
Price Per Sqft
$4,094
Annual taxes
Listing Details
Land
Property type
12885782
Web Id
2742997-A11652701
MLS ID
15
Days Posted
Description
1941 NW Flagler Ter,
Miami,
FL
33135
Miami, FL 33135
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, sub2% 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.
Price History
date | price | variance | type |
---|---|---|---|
9/1/2024 | $5,500,000 | - | Listed |
Listing By: Fausto Commercial Realty Consultants Inc via Data Source: MIAMI MLS
listing agent: Mauricio Villasuso