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Shovel-Ready Residential Development Site
For Sale
$3,199,000

1505 West Flagler Street, Miami, FL 33125

15,000 SF parcel with 80% approved plans for an 8-story, 48-unit residential building.

Property Size13,995 SF
Lot Size0.34 Acres
Price / SF$228.58
Days on Market224

Property Features for 1505 West Flagler Street

General Information

Standard status Active
Size 13,995 SF
Lot size 0.34 Acres
Property subtype Land & Docks / Unimproved Land

Additional Details

Multifamily Units 48

Taxes and HOA fees

Annual Taxes $32,945

Amenities

No

Building Details

Stories 8
Listing Agency: Avenew Realty Corp
Listed By: Claudio Forgione · License #3160720
Source: Compass
Added: Dec 31, 2025 Changed: Aug 8 Last Checked: Jul 12 at 3:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avenew Realty Corp

Investment Insights

Based on property information with market context.

This offering presents a development land parcel featuring 80% approved plans for a proposed 8-story, 48-unit residential building. The site is positioned for buyers seeking a concept with substantial planning progress already underway.

The property is located at 1505 West Flagler Street in Miami, Florida, within the Little Havana area. The available information describes the project as shovel-ready through the current level of plan approval, making it suitable for interested parties evaluating residential development opportunities.

The parcel size is listed at 13,995 SF, and the provided renderings/plans contemplate a multi-unit structure configured across eight stories with 48 total residences.

Key Highlights

  • 15,000 SF parcel with 80% approved plans
  • Plans call for an 8‑story residential building
  • Proposed building design includes 48 residential units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture Butcher Tanning Salon Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

4,345
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 15,000 SF parcel with 80% approved plans for an 8-story, 48-unit residential building.
Where is this residential land & home lot located?
The property is located at 1505 West Flagler Street Miami, FL.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: 15,000 SF parcel with 80% approved plans; Plans call for an 8‑story residential building; Proposed building design includes 48 residential units
More about this property
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