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1702-1714 W Flagler St - Flagler Development opportunity

0.55 Acres of Commercial Land Offered at £4,541,734 in Miami, FL 33135

Investment Highlights

  • Entire city block on West Flagler and SW 17 Avenue
  • "Live Local Act" allows for addental height and units with affordable housing mix
  • Month to month tenants

Executive Summary

The property has several month to month tenants as well as income from a billboard. The entire block offers a huge opportunity to supply affordable housing to an area in great need. Recently passed laws encourage developers to meet demand for housing with the state offering a number of incentives as well as tax credits

Attachments

margarita Flyer

Property Facts

Price £4,541,734 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Development Sale Proposed Use
Multifamily
  • Apartment Units
No. Lots 1 Total Lot Size 0.55 AC
Price £4,541,734
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.55 AC

1 Lot Available

Lot

Price £4,541,734 Lot Size 0.55 AC
Price Per AC £8,303,792
Price £4,541,734
Price Per AC £8,303,792
Lot Size 0.55 AC

This 23,825 sq ft lot is an ideal development site with T6-8 Zoning as part of the "Live Local Act" recently signed into law. Current Zoning allows a minimum of 150 units per acre with additional units to be awarded as per recent developments

Description

2 Folios totaling 23,825 square feet

1 of 1
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-4103-014-0010
  • 01-4103-014-0020
 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,237,813

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-4103-014-0010
  • 01-4103-014-0020
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,237,813

zoning

Zoning Code T6-8 (Zoning allows mixed use as well as 150 residential units per acre with bonus units available)
T6-8 (Zoning allows mixed use as well as 150 residential units per acre with bonus units available)
(305) 772-0751

  • Listing ID: 32536585

  • Date on Market: 21/07/2024

  • Last Updated:

  • Address: 1702-1714 W Flagler St, Miami, FL 33135

The Land Property at 1702-1714 W Flagler St, Miami, FL 33135 is currently available For Sale. Contact The Keyes Company - Commercial Sales & Leasing for more information.

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1702-1714 W Flagler St - Flagler Development opportunity
(305) 772-0751 x

1702-1714 W Flagler St - Flagler Development opportunity

Alex Wiegandt

(305) 772-0751

(305) 772-0751

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