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LandFor Sale
$5,500,000
1941 NW Flagler Ter
Miami, FL 33135
Courtesy of Fausto Commercial Realty Consultants Inc
MLS: MIAMI Association of REALTORS
5,000Sq Ft
Est. Mortgage
$28,490/mo
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.
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