1941 NW Flagler Terrace Miami, FL 33135
Little Havana NeighborhoodEstimated payment $3,272/month
About This Lot
5,000 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 4 units by right however city programs exist with mixed-income development that allows for double the density to 8. 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.
Listing Agent
Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 09/01/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,094
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Interior Lot
- Property is zoned T4-R
Additional Features
- City Lot
- Cable TV Available
Community Details
- No Home Owners Association
- Evanston Heights Condos
- Evanston Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-03-013-0280
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,492 | $138,086 | -- | -- |
| 2024 | $4,094 | $125,533 | -- | -- |
| 2023 | $4,094 | $114,121 | $0 | $0 |
| 2022 | $3,102 | $103,747 | $0 | $0 |
| 2021 | $2,920 | $94,316 | $0 | $0 |
| 2020 | $2,641 | $200,000 | $200,000 | $0 |
| 2019 | $2,179 | $150,000 | $150,000 | $0 |
| 2018 | $1,849 | $125,000 | $125,000 | $0 |
| 2017 | $1,788 | $64,420 | $0 | $0 |
| 2016 | $1,765 | $58,564 | $0 | $0 |
| 2015 | $1,387 | $53,240 | $0 | $0 |
| 2014 | $1,350 | $48,400 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Price Changed | $550,000 | -90.0% | -- |
| 09/01/2024 09/01/24 | For Sale | $5,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $54,000 | -- | |
| Warranty Deed | $51,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $100,000 | Credit Line Revolving |
Source: MIAMI REALTORS® MLS
MLS Number: A11652701
APN: 01-4103-013-0280
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