1941 NW Flagler Ter, Miami, 33135

  • $550,000

Listing UP for Sale

Miami

Overview

Property ID: A11652701
  • 5000
  • Lot sqft

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.

  • Address 1941 NW Flagler Ter
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33135
  • Area Miami-dade County

Details

Updated on September 3, 2024 at 8:09 pm
  • Property ID: A11652701
  • Price: $550,000
  • Land Area: 5000 sqft
  • Property Status: Listing UP for Sale

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