4735 W Flagler St, Miami, FL 33134
4735 W Flagler St, Miami, FL 33134
4735 W Flagler St, Miami, FL 33134
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$5,100,000
Est. payment /mo
7,549 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,549 sqft

Price per Sqft $675

MLS Listing ID A12065127

HOA Y/N No

Year Built 1946

Annual Tax Amount $49,756

Lot Size 0.595 Acres

Property Sub-Type Retail

Property Description

Fully occupied retail strip center with direct Flagler Street frontage in the expanding West Flagler submarket, minutes from Little Havana. Strong value add potential: in place rents are below market, five tenants are on month to month terms, and two leases expire in 2026, giving a new owner a clear path to reset rents. Additional upside available by converting gross leases to NNN and passing water and trash costs to tenants. Approximately 38,000 vehicles per day along Flagler provide excellent exposure, and small retail bays in this corridor stay in high demand with limited supply. Location may also support future redevelopment, including possible Live Local Act incentives.  T6-8-O Zoning.  Buyer to verify all information.  Immediate cash flow with multiple ways to grow NOI in one of Miami's most established retail corridors.

Location

State FL

County Miami-dade

Area 41

Zoning 6100

Exterior

Total Parking Spaces 30

Private Pool Yes

Building

Story 1

Level or Stories One

Others

Tax ID 01-41-06-036-0020

Acceptable Financing Cash, Owner May Carry, Other

Listing Terms Cash, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12065127

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Miami New Realty

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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4735 W Flagler St