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$ 4,950,000
Est. payment | /mo
8,493 SqFt
$ 4,950,000
Est. payment | /mo
8,493 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 8,493 sqft
Price per Sqft $582
MLS Listing ID A12093427
HOA Y/N No
Year Built 1955
Lot Size 0.600 Acres
Property Sub-Type Hotel/Motel
Property Description
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.
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.
Location
State FL
County Miami-dade
Area 41
Zoning 6107
Exterior
Private Pool Yes
Others
Tax ID 01-41-04-025-0180
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12093427
Listed by Avanti Way Commercial
NEARBY SCHOOL & BUSINESS
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