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    1702 W Flagler St Miami, FL 33135

    For Sale
    $5,790,000

    Land suitable for high-density development in a revitalizing area.

    Property size:
    13,039 SF
    Lot size:
    0.18 Acres

    Property Features for 1702 W Flagler St

    General Information

    Size
    13,039 SF
    Lot size
    0.18 Acres

    Source: The Keyes Company Commercial - Corporate Agent Alex Wiegandt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with High-Density Zoning

    This commercial land offers significant development potential with T6-8 zoning, allowing for 150 units per acre as of right. The 13,039-square-foot property is located in a revitalizing area experiencing considerable growth. The zoning may also allow for added value through the development of retail space on the street level. Bonus units may be granted, potentially increasing the development capacity of the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    El Brindis Bar Bar Brick Lounge Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.223259
    Latitude
    25.772471

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    FAQs

    What type of property is this?
    Commercial land - Land suitable for high-density development in a revitalizing area.
    Where is this commercial land located?
    The property is located at 1702 W Flagler St Miami, FL.
    What is the asking price?
    The asking price for this property is $5,790,000.
    What are key features of this property?
    This property features: - T6-8 Zoning allows 150 units per acre per right; - Revitalizing area with tremendous growth; - Possible added value with retail on street level
    (305) 772-0751
    Request Owner's contact information
    1702 W Flagler St Miami, FL 33135
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    Miami, FL 33135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1702 W Flagler St Miami, FL 33135
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