3078 NW Flagler Ter, Miami FL 33125 | Miami-Dade County | A12030721
- $898,000
- $898,000
Description
Rare opportunity to acquire an oversized 12,000 SF parcel in one of Miami’s most strategically located and rapidly evolving neighborhoods. Zoned T3-R Suburban Zone, this property offers exceptional redevelopment potential for builders, developers, investors, or end-users seeking to create a custom estate or explore the possibility of two approximately 6,000 SF homesites.
Positioned in the heart of Miami, the property enjoys convenient access to Miami International Airport, Miami Freedom Park, Downtown Miami, Brickell, Coral Gables, the Miami River District, Loan Depot Park, and major transportation corridors including SR-836 and I-95. Its central location places Miami’s premier business, dining, entertainment, and cultural destinations within easy reach.
Existing improvements are being sold primarily for land value. City and County have indicated the parcel may be eligible for subdivision; however, buyers must independently verify zoning, lot split potential, development opportunities, demolition requirements, and all intended uses with the appropriate governmental authorities. A rare opportunity to secure a sizable parcel in a well-established Miami neighborhood with exceptional redevelopment and future growth potential.
Property Overview
This is a -bedroom, -bath home of about square feet at 3078 NW Flagler Ter, Miami FL 33125 (Miami 33125), listed at $898,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $12,621 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $17,960/yr (≈ $1,497/mo); with the homestead exemption on a primary residence, about $16,960/yr (≈ $1,413/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 3078 NW Flagler Ter is $898,000. The MLS record does not specify the furnished status; what conveys are the property's fixtures and built-in appliances. Any community or on-site amenities are shared through the HOA and do not convey as private property.
For a precise verification of what is included with this home, you should contact Christopher Lazaro, Miami Real Estate Broker Associate.
Where exactly is it, and what should I know about the location?
The property is located in the coastal corridor of Miami, specifically within the 33125 zip code. This area provides access to major routes and is positioned west of the Miami River.
For a detailed discussion of the location's specific attributes and how they relate to the listed price of $898,000, please contact Christopher Lazaro, Miami Real Estate Broker Associate, to verify all pertinent information.
What are the HOA / association fees, and what do they cover?
This property has no mandatory homeowners association. As a single-family home with no association on record, the owner is responsible for all utilities, maintenance, and exterior upkeep.
The home remains subject to standard city ordinances, which you can review via the Miami Municipal Code. For full verification of these details, please contact Christopher Lazaro, Miami Real Estate Broker Associate.
What are the property taxes and homestead implications?
The tax of record is $12,621 (2025). As an estimate only, Florida reassesses upon sale; at the list price of $898,000 and a Miami-Dade rate near 2.0%, you could see an annual property tax of about $17,960 without a homestead exemption, or about $16,960 with one. The homestead exemption lowers the taxable value, but it applies only if you establish this as your primary Florida residence.
These are estimates, not quotes. You must confirm all figures with the Miami-Dade Property Appraiser and a tax professional. To verify this analysis and discuss your specific situation, contact Christopher Lazaro, Miami Real Estate Broker Associate.
Is the home in a flood zone, and what does that mean?
This property is located in a FEMA-designated Special Flood Hazard Area. Flood zones are federal risk classifications that determine insurance requirements; you can review the official FEMA definitions and view the FEMA flood map for this address. For a purchase in this zone, a lender will mandate a separate flood insurance policy.
To confirm the specific implications for this listing at $898,000, contact Christopher Lazaro, Miami Real Estate Broker Associate, for a detailed review.
Are pets allowed?
This is a single-family home, so there is no condo or HOA board to set a pet policy. The owner’s discretion, along with city ordinances and any lease terms, governs it.
Documented service animals and emotional support animals are protected under separate federal laws. To verify the current status for this property, contact Christopher Lazaro, Miami Real Estate Broker Associate.
How is the price set and is there room to negotiate?
The list price of $898,000 is determined by a Comparative Market Analysis of recent sales in Coconut Grove and surrounding areas. For broader context, Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026).
This establishes a realistic negotiation framework. To verify the specific comps for this property and discuss strategy, contact Christopher Lazaro, Miami Real Estate Broker Associate.
What financing step do you recommend before touring?
I recommend securing a Florida mortgage pre-approval before touring any home. This clarifies your budget and strengthens your position. You can start that process with a licensed professional here.
For specific questions on 3078 NW Flagler Ter or to verify financial readiness, contact Christopher Lazaro, Miami Real Estate Broker Associate, directly.
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
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Address: Flagler Ter
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33125
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Area: EL DORADO HEIGHTS
Details
Updated on September 21, 2026 at 9:47 pm-
Property ID A12030721
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Price $898,000
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Land Area 0.28 Sq Ft
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Type Residential
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Property Status Active, Land/Boat Docks
Additional details
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Tax Year 2025
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Building EL DORADO HEIGHTS
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Listing Terms Cash
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Area El Dorado Heights
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Waterfront No
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Association No
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Private Pool No
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Structure Type Residential
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Subdivision EL DORADO HEIGHTS
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Annual Tax 12621
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Lot Size (Sq Ft) 12000
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Flood Zone X
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New Construction No
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