0 Baths
7,549 sqft
$4,700,000
4735 W Flagler Street, Miami FL, 33134
Price per sqft$622.60
Built in1946
Property size7,549 sqft
Property typeCommercial
Overview
Active
Listed Aug 4, 2026
Updated 12 days ago
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.
Other Property Details
- Taxes
- $49,756
- Tax Frequency
- Annually
Listed with Miami New Realty
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Data last updated 3:30 AM UTC, 9/26/2026