2 months on rocket

1941 NW Flagler Ter, Miami, FL, 33135

$550,000

0.11 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #A11652701
Lot Size0.11 Acres
StatusActive

About 1941 NW Flagler Ter

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.

Property Details

Property Features

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Mauricio Villasuso

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  • Virtual Tour: 1941 NW Flagler Ter
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Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

1941 NW Flagler Ter vs Miami

78 DAYS ON ROCKET

+18 Days

$550,000

-$10.4K Less

KEY TAKEAWAY

This property is $10.4K less than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11652701

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Mauricio Villasuso

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Nearby Schools

school-card-donut-205724
4
/10
  • Citrus Grove Elementary School

  • 2121 NW 5th St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-205725
6
/10
  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-205726
3
/10
  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.85 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,833. The most common annual income of people living in Miami, FL is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

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.

How much acreage is this property?

The property 1941 NW Flagler Ter is 0.11 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami331351941 NW Flagler Ter

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.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. While the average time on the market in October 2024 was 60 days, the median list price was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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