An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018. Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC). Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.34 miles
Public District Grades PK-5
Middle School
3
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.27 miles
Public District Grades 6-8
High School
6
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.44 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.34 miles
Public District Grades PK-5
Nearby Schools
7
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.76 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1223 SW 4th St
Distance between this listing and this school0.95 miles
Public Charter Grades KG-5
Assigned Schools
3
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.27 miles
Public District Grades 6-8
Nearby Schools
8
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
9
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school0.73 miles
Public Charter Grades 6-8
Assigned Schools
6
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.44 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school0.73 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $38,281. Residents of Miami, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 2126 NW Flagler Ter in Miami, FL and zip code 33125 in the Little Havana neighborhood. This 2,785 square foot home was built in 1928. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $1,379,000.
Miami, FL housing market in May 2024 saw over 114 listings sold above listed price, more than 148 sold at listed price and over 659 sold below. The inventory of homes for sale in Miami, FL between April 2024 and May 2024 increased by 6.7%. In May 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $549,980.
From Rocket Homes Real Estate and based on county public records data.