Basic Information

  • MLS # A11652701
  • Status Active
  • Subdivision/Complex Evanston Heights
  • Total Sqft 5,000
  • Date Listed 09/03/2024
  • Days on Market 247
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

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 5,000Sq.Ft
  • Sqft 5,000 Sq.Ft

Property Features

  • Address 1941 NW Flagler Ter
  • Aprox. Lot Size 5,000
  • City Miami
  • County Miami- Dade
  • Furnished Info no
  • Lot Features Less Than One Acre
  • Possession Negotiable
  • Postal City Miami
  • Public Survey Township 1
  • Sewer Description Public Sewer, Other
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Evanston Heights
  • Tax Amount $4,094
  • Tax Legal desc E V A N S T O N H E I G H T S P B1-56 S100 F T L O T6 B L K2 L O T S I Z E5000 S Q U A R E F E E T O R18569-15290419991
  • Tax Year 2024
  • Water Source Public

1941 NW Flagler Ter

Miami, FL 33135

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