Miami, FL 33125,1873 NW Flagler Ter
Miami, FL 33125,1873 NW Flagler Ter
Miami, FL 33125,1873 NW Flagler Ter
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$ 450,000
Est. payment | /mo

4,356 Sqft Lot


$ 450,000
Est. payment | /mo

4,356 Sqft Lot

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

Location

State FL

County Miami-dade

Community Evanston Heights

Area 41

Exterior

Utilities Available Other

Building

Lot Description <1 Acre, Irregular Lot

Sewer Other

Water Other

Others

Tax ID 01-41-03-013-0140

Listed by Fausto Commercial Realty Consultants Inc
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1873 NW Flagler Ter