$450,000
1873 NW Flagler Ter Miami, FL 33125
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$450,000
Est. payment /mo
4,356 Sqft Lot
UPDATED:
11/11/2024 02:22 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Evanston Heights
MLS Listing ID A11652464
HOA Y/N No
Annual Tax Amount $5,350
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x89
Property Description
4,450 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 3 units by right however city programs exist with mixed-income development that allows for double the density to 7. 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. - Call co-agent for showings
Density allows for 3 units by right however city programs exist with mixed-income development that allows for double the density to 7. 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. - Call co-agent for showings
Location
State FL
County Miami-dade
Community Evanston Heights
Area 41
Exterior
Utilities Available Other
Waterfront No
Building
Lot Description <1 Acre, Irregular Lot
Sewer Other
Water Other
Others
Tax ID 01-41-03-013-0140
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Listed by Fausto Commercial Realty Consultants Inc
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Larry Hering
Realtor/Senior Account Executive | License ID: 3370040
Realtor/Senior Account Executive License ID: 3370040