$4,600,000
$5,000,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
840 W Flagler St Miami, FL 33130
9,500 SqFt
Key Details
Sold Price $4,600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $484
MLS Listing ID A11284404
Sold Date 08/01/23
HOA Y/N No
Year Built 1952
Annual Tax Amount $12,096
Contingent No Contingencies
Lot Size 0.649 Acres
Property Sub-Type Mixed Use
Property Description
Little Havana 28,250sf Prime assemblage. Fights for 91 units, and double that for hotel or with affordability bonuses. The site is surrounded by many new developments, bringing in over 1,000 new units and retailers within a 2 block radius. T-6-12- O zoning also permits for office, hospitality, and more; up to 12 stories by right or 20 by bonus. Site has 3 hard corners and transects Flagler and SW 1 st, proving for unparalleled visibility and ease of interior circulations/ design. Miami is suffering a crisis of middle and working class housing, and Little Havana is uniquely posed to provide an answer for that need. Little Havana is centric to all the major employment centers of our city, has the city's best public transit connectivity, is increasingly serviced by great new local restaurants
Location
State FL
County Miami-dade County
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-38-003-2890
Financing Cash
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