Commercial Land
700 West Flagler Street Miami, FL 33130
Details & Description
Price: $22,000,000
    Trophy Urban Core Development Site in the Heart of Miami. By right you can build 350 residential units, or 700 by tapping into new zoning bonuses. Site can be further densified with ground floor or multi-floor retail, with several national tenants already inquiring. T-6-12-O zoning also permits for office, hospitality, and more; up to 12 stories by right or 20 by bonus. Site has 3 hard corners and transects Flagler and SW 1 st, proving for unparalleled visibility and ease of interior circulations/design. Miami is suffering a crisis of middle and working class housing, and Little Havana is uniquely posed to provide an answer for that need. Little Havana is centric to all the major employment centers of our city, has the city’s best public transit connectivity, is increasingly serviced by great new local restaurants and bars, is highly walkable, has great accessible parks and streetscapes and retains a high level of affordability.
    Listing Agents
    Alessandro Lima

    M: 305-281-4469
    AML@faustocommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    700 West Flagler Street

    Miami, FL 33130

    Listing ID: 214557
    • 700 West Flagler Street Miami, FL 33130 | for Sale | Photo 1
    • 700 West Flagler Street Miami, FL 33130 | for Sale | Photo 2
    700 West Flagler Street | for Sale | Thumbnail 1
    700 West Flagler Street | for Sale | Thumbnail 2
    Building Size: --
    Lot Size: 2.340 AC
    Land Size: 101,750 SF
    Building $/SF:
    Land $/SF: $216.22
    Price
    $22,000,000
    Description

    Trophy Urban Core Development Site in the Heart of Miami. By right you can build 350 residential units, or 700 by tapping into new zoning bonuses. Site can be further densified with ground floor or multi-floor retail, with several national tenants already inquiring. T-6-12-O zoning also permits for office, hospitality, and more; up to 12 stories by right or 20 by bonus. Site has 3 hard corners and transects Flagler and SW 1 st, proving for unparalleled visibility and ease of interior circulations/design. Miami is suffering a crisis of middle and working class housing, and Little Havana is uniquely posed to provide an answer for that need. Little Havana is centric to all the major employment centers of our city, has the city’s best public transit connectivity, is increasingly serviced by great new local restaurants and bars, is highly walkable, has great accessible parks and streetscapes and retains a high level of affordability.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Commercial Land for Sale

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    Miami Area Market Trends

    Listing Demographics for 700 West Flagler Street Miami, FL 33130

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population68,160400,933698,600
    Population Median Age404041
    Population by Age0-9 Yrs6502 (9%)43026 (10%)76238 (10%)
    10-19 Yrs5376 (7%)29977 (7%)56239 (8%)
    20-29 Yrs11172 (16%)51486 (12%)87651 (12%)
    30-39 Yrs13187 (19%)81089 (20%)129403 (18%)
    40-49 Yrs8588 (12%)60696 (15%)104496 (14%)
    50-59 Yrs9081 (13%)50786 (12%)91388 (13%)
    60-69 Yrs6213 (9%)40199 (10%)70443 (10%)
    70+ Yrs8042 (11%)43675 (10%)82742 (11%)
    Median HH Income$30,768$53,733$52,407
    Total Household Income< 24K12722 (42%)50100 (28%)86052 (29%)
    25-49K7217 (24%)32382 (18%)57409 (19%)
    50-74K3650 (12%)23294 (13%)41770 (14%)
    75-99K2637 (8%)18938 (10%)30466 (10%)
    100-199K2563 (8%)28684 (16%)47347 (15%)
    200K+967 (3%)19652 (11%)33222 (11%)
    Highest Education LevelNo Diploma138455115787641
    Diploma or GED1473067998118692
    Some College63143585863834
    Assoc. Degree30041916637407
    Bachelors Degree855170101122716
    Higher Degree568865502103227
    Total Housing Units34,840219,551378,949
    --Owner-Occupied3,83153,219100,198
    --Renter-Occupied25,925119,831196,068
    Owner-Occupied Values< 100K34538616997
    100-199K615436510159
    200-299K8671214020349
    300-399K609751513434
    400-499K48055419729
    500K+9141979739531
    Total Working Age Population58,360337,655585,575
    In Work Force36,567222,334380,825
    Not In Work Force21,793115,321204,750
    Workforce Employed34,647210,895360,227
    Workforce Unemployed1,88211,24920,178
    Civlian Workforce36,529222,144380,405
    Military Workforce38191420
    Total Households29,756173,050296,266
    Family Households14,37286,078150,175
    Non-Family Households15,38486,973146,091
    Married Couple8,21957,26997,924
    Other Family6,15228,80952,250
    Married w/Child3,04321,58935,646
    Single Male w/Child5323,1734,991
    Single Female w/Child1,9138,99817,264

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 700 West Flagler Street in Miami?
    The asking price for 700 West Flagler Street is $22,000,000
    How much land does the Miami, FL property at 700 West Flagler Street include?
    700 West Flagler Street in Miami includes 2.340 acres of land
    What kind of Land is the propery at 700 West Flagler Street?
    The property at 700 West Flagler Street Miami, FL 33130 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 700 West Flagler Street in Miami?
    The population within 1 mile of 700 West Flagler Street Miami, FL 33130 is 68,160 people.
    Who do I contact for questions about 700 West Flagler Street?
    You should contact the listing agent, Alessandro Lima, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 5
    Fort Lauderdale Hollywood International Airport (FLL) 21
    Palm Beach International Airport (PBI) 63