1873 W Flagler St Pending

Miami,FL 33135

$ 1450000

- Bed

0 Bath

3564 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 3,564 sqft

Price per Sqft $406

MLS Listing ID A11662216

HOA Y/N No

Year Built 1949

Annual Tax Amount $18,568

Contingent 3rd Party Approval

Lot Size 8,650 Sqft

Property Description

A mixed-use investment opportunity on the commercial corridor of Flagler ST in the heart of Little Havana. Composed of 2 commercial units, 8 residential units (7,1bed/1bath 1 is 2/2), generating $11,195/month. Underlying T68O zoning permits for high density re-development with options: 150 du/acre or 29 units, 59 hotel keys, or higher under SB102. Add value opportunity given below market rents. A solid opportunity for those Centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an amenity. The area is booming with new residential developments bringing more people to an already dense population district, and retailers are coming in aggressively following their consumers.

Location

State FL

County Miami-dade

Area 41

Others

Tax ID 01-41-03-013-1110

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