Miami, FL

2970 & 2976 W Flagler St, Miami FL 33135

$3,300,000

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1969

Overview

Two folios available for sale: 2970 W Flagler St & 2976 W Flagler St Total of 14 (10- 1/1s; 4 - 2/1s) Units. Current Zoning allows for 22 Market Units, up to 5 stories. T5-L Zoning: “The Urban Center consists of higher Density Mixed- Use Building types that accommodate retail and office Uses, rowhouses and apartments.” An average of 24,500 cars drive by in front of the buildings every day. By acquiring this Value-Add portfolio, you could stabilize the properties, or redevelop it and fully maximize on the lot and exposure of being on one of the busiest streets of Miami. Due to the proximity of the buildings to Miami’s Key Business Hubs including, Brickell, Downtown Miami, and Miami International Airport, you can can cater to a reliable mix of tenants from long term leases, to just Airbnb.

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