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627-637 W Flagler St

0.32 Acres of Commercial Land Offered at $6,000,000 in Miami, FL 33130

Commercial Land Florida Miami 627-637 W Flagler St, Miami, FL 33130

Investment Highlights

  • Main Street with traffic
  • One block from the Miami River
  • Easy access to Brickell Av.

Executive Summary

Prime location to develop up to 100 units or mix used land . Two folios for a total of 14,670 SF of land . Existing old Hotel with 55 rooms for a low income target with a $28 a night per room . Rooms needs TLC or update. Located one block away from the Miami River on Flagler ST in Downtown Miami .

Property Facts

Price $6,000,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Mixed Use
  • Apartment Units - Condo
  • Hotel
  • Medical
No. Lots 1 Total Lot Size 0.32 AC
Property Type Land
Price $6,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units - Condo
  • Hotel
  • Medical
Total Lot Size 0.32 AC

1 Lot Available

Lot

Price $6,000,000 Lot Size 0.32 AC
Price Per AC $18,750,000
Price $6,000,000
Price Per AC $18,750,000
Lot Size 0.32 AC

Investment opportunity , one block from the Miami River area on Flagler ST . Existing Hotel with 55 rooms 19,000 SF and an event space next to it of 3300 SF.Both combined for a total of 15,000 SF of Land ready for a new Development. Zoning T6-12-0

Description

1929 Old Hotel and event space with 55 rooms on a 15,000 SF of land . T6-12-0 zoning

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Walk Score ®
Very Walkable (87)
Transit Score ®
Rider's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-0200-090-1210
  • 01-0200-090-1200
 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,337,382

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-0200-090-1210
  • 01-0200-090-1200
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,337,382

zoning

Zoning Code C-1 (6110 Comm/Residential - Design / Hotel /General T6-12-0 allowing up to 15 Stories /100 units residential)
C-1 (6110 Comm/Residential - Design / Hotel /General T6-12-0 allowing up to 15 Stories /100 units residential)
(305) 987-6807

Contact

  • Listing ID: 34047948

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 627-637 W Flagler St, Miami, FL 33130

More public record information on 627-637 W Flagler St, Miami, FL 33130

The Land Property at 627-637 W Flagler St, Miami, FL 33130 is currently available for sale. Contact One Sothebys’s International Realty for more information.

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627-637 W Flagler St
(305) 987-6807 x

627-637 W Flagler St

Martin Elortegui

(305) 987-6807

(305) 987-6807

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