FOR SALE

1941 Flagler Ter

Miami-Dade, EVANSTON HEIGHTS, Miami, FL

Asking

$550,000

BTC

5.668

ETH

163.74

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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
EVANSTON HEIGHTS

Agents

Mauricio Villasuso

+1 310 910 1722

Elisa Barriga Alfaro

+1 310 910 1722

Contact Email

[email protected]