An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.
Property Details
Price:
$1,250,000
MLS #:
A11641028
Status:
Active
Beds:
0
Baths:
0
Address:
2126 NW Flagler Ter
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Evanston Heights
Neighborhood:
Evanston Heights
City:
Miami
Listed Date:
Aug 13, 2024
State:
FL
Finished Sq Ft:
8,900
Total Sq Ft:
8,900
ZIP:
33125
Year Built:
1928
Units:
7
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Schools
Interior
Cooling
Zoned
Flooring
Tile
Heating
Other
Exterior
Architectural Style
Attached
Parking Spots
8
Roof
Other
Financial
Tax Year
2023
Taxes
$12,647
Map
Community
- Address2126 NW Flagler Ter Miami FL
- SubdivisionEvanston Heights
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
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2126 NW Flagler Ter
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