Residential Land For Sale

Picture of Residential Land For Sale in Miami, Florida, United States

$450,000

1873 NW Flagler Ter
Miami, Florida, United States

Listed By: Realtyww Info

Listed On: 09/04/2024

Listing ID: GL11354104 View More Details

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

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Listed by: Maurico Villasuso