$1,290,000
Off Market

1817 W Flagler Street

MIAMI, FL 33135
Type:Purchase
Structure:Land
Zone:Commercial

Description

Site Plan Approved, Little Havana, Miami, FL for 24 units w/ 100% parking reduction asking $54,000/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 $41,000/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.

Location

Don - InvestmentDonald Dillon