1941 NW Flagler Ter Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33135
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Evanston Heights
MLS Listing ID A11652701
Annual Tax Amount $4,094
Tax Year 2024
Lot Size 4,791 Sqft
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
Waterfront No
Building
Lot Description <1 Acre
Sewer Public Sewer,Other
Water Public