W Flagler Development Site

1535 W FLAGLER STREET

Miami, FL 33135

Status:
Available
Price:
$1,500,000
Lot Size:
7,500

INVESTMENT OVERVIEW

The Porosoff Group at Compass Commercial is pleased to exclusively offer for sale 1535 W Flagler Street, located on West Flagler Street, one of the busiest commercial corridors in the highly desirable Little Havana area of Miami, FL.

1535 W Flagler Street features 7,500 sq ft of land zoned T6-8-O, the highest density zoning in Miami-Dade County. The property features current in-place income from a month-to-month tenant operating an auto repair shop.

With close to three hundred thousand people within three miles, Little Havana is an ideal location for new developments targeting a population that wants to live close to where they work with rent more affordable than Brickell or Downtown. The property features a very desirable location a short distance from Brickell, the most important financial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene.

INVESTMENT HIGHLIGHTS

  • Premium Development Opportunity on West Flagler Street, One of the Busiest Commercial Corridors in Miami-Dade County.
  • In-Place Income (Month-to-Month Auto Repair Shop)
  • 7,500 Square Feet Urban Core Development Site
  • T6-8-O – Highest Density Zoning in Miami-Dade County
  • Zoning Allows for As-of-Right up to 25 Residential Units
  • 50 Feet of Frontage of W Flagler Street
  • Permitted Uses – Multifamily, Hospitality, Retail, Office, and/or Mixed Use

EXCLUSIVELY LISTED BY

JAVIER UBEDA

CRE Multifamily Advisor
Tel: (305) 766-1864
Javier@porosoff.com

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

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