MLS # :A12093427 |
Price :$4,950,000 |
Status :
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Listing Date :Sep 28, 2026 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1955 |
Taxes :Not Available |
Waterfront :No |
Virtual Tour : |
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Remarks :Unique two-parcel assemblage fronting W Flagler St in the heart of Little Havana. The 26,129 SF (0.60-acre) site combines a 30-key economy motel with confirmed T5-L zoning permitting approximately 39 residential units by right, along with hotel, office, and general commercial uses — delivering investors and developers a flexible, income-producing asset with a clear, executable path to redevelopment. The existing motel remains a permitted by right use generating holding-period income while a buyer pursues design, permitting, and entitlement. The site is within minutes of Downtown Miami, Brickell, Coral Gables, Coconut Grove, and Miami International Airport, placing it at the geographic center of Miami's most economically active sub-markets. Cross streets carry 30,000 to 40,000+ vehicles per day. The immediate area is a dense grid of high-volume arterials, delivering outstanding drive-by visibility for continued hospitality use, ground-floor retail, or mixed-use redevelopment. This is a single-seller acquisition on one of Little Havana's busiest commercial corridors. Additionally, the site's T5-L zoning may qualify for additional density and height under Florida's Live Local Act, representing genuine additive upside for a qualifying developer-buyer. |
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