Description

Incredible opportunity to acquire a 4,450 sq. ft. lot in the heart of Little Havana — one of Miami’s most in-demand neighborhoods. Zoned T4-R, the property allows for 3 units by right, with the potential to increase density to up to 6 units through a mixed-unit development approach. Ideally situated just north of Coral Gables with quick access to SR 836, the site offers seamless connectivity to Miami’s most desirable neighborhoods. Additional highlights include close proximity to LoanDepot Park and the central business district of Little Havana, placing future tenants at the intersection of culture, convenience, and community. With vacancy rates well below the Miami average and consistent rental demand, this site presents a rare opportunity for long-term growth in a stable sub-market.

Address

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Address: Flagler Ter
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33125
Area: EVANSTON HEIGHTS

Details

Updated on April 1, 2026 at 2:47 am

Property ID A11806785
Price $350,000
Land Area 0.1022 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName EVANSTON HEIGHTS
ContractStatusChangeDate 2025-05-27
CurrentUse Multi-Family, Other Usage
DaysOnMarket 308
DevelopmentStatus Other
DirectionFaces South
ExpirationDate 2026-05-27
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 315-317-6927
ListingTerms All Cash, Conventional, Owner Will Carry
LotFeatures Cleared
LotSizeSquareFeet 4450
MLSAreaMajor Evanston Heights
MajorChangeTimestamp March 31, 2026 at 06:08pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 31, 2026 at 07:56pm
OnMarketDate 2025-05-27
OriginalEntryTimestamp May 27, 2025 at 05:40pm
OriginalListPrice 400000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 01-41-03-013-0140
PhotosChangeTimestamp March 31, 2026 at 07:55pm
PhotosCount 9
Possession Funding
PostalCodePlus4 5409
PreviousListPrice 375000
PriceChangeTimestamp March 31, 2026 at 06:08pm
PublicSurveyRange 41
PublicSurveySection 3
PublicSurveyTownship 41
ShowingInstructions See Broker Remarks
SourceSystemKey 411753922
StateOrProvince FL
StatusChangeTimestamp May 27, 2025 at 05:40pm
StreetDirPrefix NW
StreetName Flagler Ter
StreetNumber 1873
StreetNumberNumeric 1873
StructureType Residential
SyndicationRemarks Incredible opportunity to acquire a 4, 450 sq. ft. lot in the heart of Little Havana — one of Miami’s most in-demand neighborhoods. Zoned T4-R, the property allows for 3 units by right, with the potential to increase density to up to 6 units through a mixed-unit development approach. Ideally situated just north of Coral Gables with quick access to SR 836, the site offers seamless connectivity to Miami’s most desirable neighborhoods. Additional highlights include close proximity to LoanDepot Park and the central business district of Little Havana, placing future tenants at the intersection of culture, convenience, and community. With vacancy rates well below the Miami average and consistent rental demand, this site presents a rare opportunity for long-term growth in a stable sub-market.
TaxAnnualAmount 5625
TaxLegalDescription EVANSTON HEIGHTS PB 1-56 S1/2 LOT 9 BLK 1 LOT SIZE 4450 SQUARE FEET OR 20644-3355 07 2002 6
TaxYear 2024
Vegetation No Trees
Zoning 3900