Basic Information

  • MLS # A11730999
  • Type Retail
  • Status Active
  • Year Built 1946
  • Total Size 25,928 Sq.Ft / 0.60 Acre
  • Date Listed 01/25/2025
  • Days on Market 103
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 potential—an exceptional investment opportunity.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Accessible Parking, Free Parking
  • Style Retail

Interior Features

  • Adjusted Sqft 0.60 AcreSq.Ft
  • Sqft 0.60 Acre Sq.Ft

Property Features

  • Address 4735 W Flagler St
  • Aprox. Lot Size 25,928
  • City Miami
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Accessible Parking, Free Parking
  • Postal City Miami
  • Public Survey Section One
  • Public Survey Township 1
  • Stories 1
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $49,756
  • Tax Legal desc P A R K E R S F L A G L E R H E I G H T S P B18-32 L O T S5 T H R U12 B L K1 L O T S I Z E25928 S Q F T O R18774-002008991
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Retail
  • Year Built Details Resale

4735 W Flagler St

Miami, FL 33134

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: First Service Realty ERA. tel: 305-551-9400

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