4735 WEST FLAGLER ST, Miami
$5,300,000 USD
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| Address | 4735 WEST FLAGLER ST, Miami |
| Type of Property | Retail |
| Type of Business | Retail Space, Shopping Center |
| Business Location | City Location,Corner Lot,Near Airport,Shopping Center |
| Property Style | Retail |
| Price | $5,300,000 |
| Property Status | Active |
| MLS Number | A11730999 |
| Property Size | 25928 |
| Lot Size | 25928 |
| Year Built | 1946 |
| Parking Space Number | 30 |
| Folio Number | 01-41-06-036-0020 |
| Zoning Information | 6100 |
| Days on Market | 231 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33134 |
| Address | 4735 WEST FLAGLER ST |
| Business Location | City Location,Corner Lot,Near Airport,Shopping Center |
| Section | 6 |
| Zip Code (4 Digits) | 1451 |
Financial Information
| Price | $5,300,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-06-036-0020 |
| Tax Amount | $49,756 |
Full Descriptions
| Detailed 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. |
| Year Built Description | Resale |
| Parking Description | Free Parking |
Property parameters
| Living Area | 25928 |
| Lot Size | 25928 |
| Total Acreage | 0.000 |
| Zoning Information | 6100 |
| Maximum Leasable Size | 25928 |
| Year Built | 1946 |
| Type of Property | Retail |
| Type of Business | Retail Space, Shopping Center |
| Style | Retail |
| Stories Number | 1 |
| Street Direction | West |
| Parking Space Number | 30 |
| Listed with | First Service Realty ERA |