USD 1,590,000

1817 W Flagler Street
Miami, Florida 33135

For Sale

Property Description

Now Site Plan Approved, Little Havana, Miami, FL for 24 units w/ 100% parking reduction asking $67,000/door land cost. Alternatively, a new buyer could start over & seek the potential to build up to 12 stories & 32 units under the new SB-102 Live Local Act which at only $50,000/unit land cost. Site benefits from back alley for car circulation for parking garage. Rents are $4.0/SF/mo & apartment sales closed at $474,000/door. 9,434 SF vacant lot in the Little Havana “Transit Corridor”, in path of progress btwn Brickell, Gables, & Grove & near MIA airport as well as Marlin’s Stadium & Publix Sabor. Participate in the regentrification, surge of growth, & development in the rental market where rents are strong & for multifamily around Calle Ocho & W. Flagler.

Listed by Douglas Elliman Real Estate

Property Details

ID #
A11239605
Status
Sale
Type
Commercial, Land
Zip Code
33135
Lot Area
9,409ft2
Ground Feature
Paved Street
Water Source
City/mains water
Septic
City sewer
Fuel Type
Electric
Location
City Location
Lot
Less Than 1 Acre
Road Type
City/County Maintained
Utilities
Internet
Zoning Information
6100
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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