5,000 Sq. Ft. development site in West Little Havana that consists of one vacant lot in a sector seeing surging development and demand. T4-R Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 4 units by right however city programs exist with mixed-income development that allows for double the density to 8. Unit mixes are open so developers can build from 1 bedroom models or even to 3 bedroom models, creative and aggressive designers may adopt even co-living approach which is a trend that has shown to be very profitable for those willing to take on the unique operations.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
6
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.74 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.85 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.25 miles
Public District Grades 6-8
6
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school0.71 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school0.79 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.52 miles
Public Magnet Grades 9-12
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school0.79 miles
Public Charter Grades 6-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school0.79 miles
The neighbors living near this home have an average income of $30,833. Typical income of Miami, FL residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1941 NW Flagler Ter
What is the listing price of this property?
The listing price of 1941 NW Flagler Ter property is $550,000.
What type of property is this?
The property 1941 NW Flagler Ter is land located in Miami, Florida, 33135.
Is this property for sale now?
Active Listing: 1941 NW Flagler Ter is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1941 NW Flagler Ter in Miami, FL and zip code 33135 in the Little Havana neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $550,000.
In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. Between October 2024 and November 2024, Miami, FL real estate market has seen increase in the number of listings by 6.7%. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.