4735 W Flagler St,Miami, FL 33134
Miami, FL 33134
Description
Retail strip center in the growing West Flagler submarket, just minutes from Little Havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants. Highlights: Redevelopment Potential: Ideal for Live Local Act incentives. Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026. High Demand: Small retail spaces in the area are highly sought after. Prime Location: Flagler Street frontage with 38,000 vehicles daily. This property offers immediate cash flow and strong growth potentialan exceptional investment opportunity.
Details
| MLS# | A11730999 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 92 |
| Listing Provided By | First Service Realty ERA | Madelin Estupinan |
Features
| SQ Feet | 7,549 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | 6100 |
| Acreage | 25928.00 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33134 |
| Area | 41 |
| Listing VS Median (in 33134) | |
Price: $5,300,000 low | high Med: $364,900 SqFt: 7,549 low | high Med: 890 $ / SqFt: $702 low | high Med: $410 On site: 92 low | high Med: 23.000000 | |