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590 W Flagler St
Miami, FL 33130

Flagler Redevelopment Sites · Land For Sale · 0.80 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 0.80 AC

Description

Marcus & Millichap is pleased to present the W Flagler Street Development Sites, two-premiere signalized corner properties totaling 34,950 square feet each containing a vacant retail building and located just west of Downtown Miami and the Miami River. The Sites are located within the Urban Core Zone and designated under T 6-12. The Urban Core Zone consists of the densest and greatest variety of uses within zoning district. Highlighted within the offering are two potential uses incorporating a ground floor retail component with high rise apartments or hotel units. The Subject Property consists of opposing signalized corner land sites located just two blocks west of the Miami River and Downtown Miami fronting W Flagler Street. The northwest corner totals 20,450 square feet and the southwest corner totals 14,500 square feet. Flagler street is Miami’s main east-west corridor and is preparing to undergo a major revival in downtown just blocks from the Subject Property. The proximity of the Subject Property to downtown Miami and the Flagler revitalization creates a unique opportunity to buy an infill location in the immediate path of progress at a fraction of where development sites are trading just a few blocks away.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-0201-020-1110
  • 01-0201-000-1110
  • 01-0201-000-1130
  • 01-0201-000-1120
Land Assessment
$2,514,050
Improvements Assessment
$14,485,950
Total Assessment
$18,861,930

zoning

Zoning Code T6-12, Urban Core (Commercial/Residential - Design)
T6-12, Urban Core (Commercial/Residential - Design)
  • Listing ID: 13008816

  • Date on Market: 6/27/2018

  • Last Updated:

  • Address: 590 W Flagler St, Miami, FL 33130

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