Miami, FL 33130,840 W Flagler St
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Miami, FL 33130,840 W Flagler St
Miami, FL 33130,840 W Flagler St
Miami, FL 33130,840 W Flagler St
Miami, FL 33130,840 W Flagler St

$4,600,000

Est. payment /mo

$5,000,000

8.0%
Est.Price: ?

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840 W Flagler St Miami, FL 33130

9,500 SqFt

SOLD DATE : 08/01/2023

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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Listed by Fausto Commercial Realty Consultants Inc
Bought with Fausto Commercial Realty Consultants Inc
agent

Isabella Villaquiran

+1(503) 349-7928

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