1941 NW Flagler Ter Active

Miami,FL 33135

$ 550000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Evanston Heights

MLS Listing ID A11652701

HOA Y/N No

Annual Tax Amount $4,094

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property 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.

Location

State FL

County Miami-dade

Community Evanston Heights

Area 41

Exterior

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Other

Building

Lot Description <1 Acre

Sewer Public Sewer,Other

Water Public

Others

Tax ID 01-41-03-013-0280

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