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Development Opportunity

3 Retail Properties Offered at $8,207,151 CAD in Miami, FL

Retail Space Florida Miami Development Opportunity

Investment Highlights

  • $10,000/month gross income currently
  • Possible added value with retail on street level
  • Revitalizing area with tremendous growth
  • T6-8 Zoning allows 150 units per acre per right
  • Possible bonus units may be granted

Executive Summary

Entire city block Development opportunity in Little Havana. This property is ideally suited for the "Live Local Act". This bill encourages developers to meet affordable housing needs with a variety of incentives such as tax exemptions, favorable height allowance as well as as valorem tax exemption of up to 100% of assessed value. Clean Environmental Phase 1.

Property Facts

Price $8,207,151 CAD Number of Properties 3
Price / SF $675.54 CAD / SF Individually For Sale 0
Sale Conditions Redevelopment Project Total Building Size 12,149 SF
Sale Type Investment Total Land Area 0.92 AC
Status Active
Price $8,207,151 CAD
Price / SF $675.54 CAD / SF
Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 12,149 SF
Total Land Area 0.92 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1714 W Flagler St, Miami, FL 33135 Retail 6,112 SF 1935 -
1717 SW 1st St, Miami, FL 33135 Retail 3,405 SF 1935 -
1702 W Flagler St, Miami, FL 33135 Retail 2,632 SF 1946 -
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1714 W Flagler St, Miami, FL - aerial map view
(305) 772-0751

  • Listing ID: 32543807

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: Development Opportunity, Miami, FL

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Development Opportunity portfolio of 3 properties for sale on LoopNet.ca Building Photo- Image 1 of 3
1702-1714 W Flagler St
Development Opportunity portfolio of 3 properties for sale on LoopNet.ca Aerial- Image 2 of 3
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Development Opportunity
(305) 772-0751 x

Development Opportunity

Alex Wiegandt

(305) 772-0751

(305) 772-0751

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