$450,000

1873 NW Flagler Terrace Miami, FL 33125

Little Havana Neighborhood

Estimated payment $2,958/month

Total Views 3,939
0.1 Acre
$4,500,000 Price per Acre
4,450 Sq Ft Lot

About This Lot

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

Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Co-Listing Agent

Elisa Barriga Alfaro

Fausto Commercial Realty Consultants Inc License #3462025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,350

Year Built

  • 1915

Lot Details

  • 4,450 Sq Ft Lot
  • Lot Dimensions are 50x89
  • Interior Lot
  • Irregular Lot
  • Property is zoned T4-R

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Evanston Heights Condos
  • Evanston Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-03-013-0140

Property Details

Property Type

Land

Est. Annual Taxes

$5,350

Year Built

1915

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • Lot Size Acres: 0.1
  • Lot Size: 50x89
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: EVANSTON HEIGHTS
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1915

Interior Features

  • Possible Use: Central Urban, Urban Commercial

Exterior Features

  • Lot Features: City Location, Inside Lot, Irregular Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EVANSTON HEIGHTS

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-03-013-0140
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 4450
  • Zoning: T4-R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5350

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,350 $204,604 -- --
2023 $5,350 $192,040 $0 $0
2022 $4,300 $171,494 $0 $0
2021 $4,044 $155,904 $0 $0
2020 $3,699 $183,879 $178,000 $5,879
2019 $3,206 $139,381 $133,500 $5,881
2018 $2,833 $117,134 $111,250 $5,884
2017 $2,861 $117,137 $0 $0
2016 $2,832 $109,929 $0 $0
2015 $2,602 $99,936 $0 $0
2014 $2,519 $91,795 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 For Sale $450,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed $67,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,750 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11652464

MIAMI REALTORS® MLS

APN: 01-4103-013-0140