1941 Flagler Ter
Miami, FL 33135

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Lot Size: 0.11 Acres

Financials

Price:$550,000
Annual Taxes:$4,094
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc

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, 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.

Amenities

  • CableAvailable
  • ElectricityAvailable
  • LessThanOneAcre
  • NaturalGasAvailable
  • Other

5, 000 Sq. Ft. development site in West Little Havana that consists of one vacant lot in a sector seeing surging development and demand.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.