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.
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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.
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Nearby Schools
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.32 miles
Public District Grades PK-5
6
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.76 miles
Public District Grades PK-5
5
/10
Kensington Park Elementary School
711 NW 30th Ave
Distance between this listing and this school0.94 miles
Public District Grades PK-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.21 miles
Public District Grades 6-8
6
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school0.64 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school0.73 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.43 miles
Public Magnet Grades 9-12
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school0.72 miles
Public Charter Grades 6-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school0.73 miles
The neighbors living near this home have an average income of $38,281. The most common annual income of people living in Miami, FL is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 2126 NW Flagler Ter in Miami, FL and zip code 33125 in the Little Havana neighborhood. This 2,785 square foot home was built in 1928. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,250,000.
Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. 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.