1873 W Flagler St Save Request In-Person Tour Request Virtual Tour
Miami,FL 33135
Key Details
Sold Price $1,350,0006.9%
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,564 sqft
Price per Sqft $378
MLS Listing ID A11662216
Sold Date
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
Financing Conventional