4735 W Flagler St, Miami, 33134

  • $5,300,000

Listing UP for Sale

Miami

Overview

Property ID: A11730999
  • Property Type
  • Retail
  • 25928
  • Lot sqft
  • 1946
  • Year Built

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.

  • Address 4735 W Flagler St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33134
  • Area Miami-dade County

Details

Updated on January 25, 2025 at 7:22 am
  • Property ID: A11730999
  • Price: $5,300,000
  • Land Area: 25928 sqft
  • Year Built: 1946
  • Property Type: Retail
  • Property Status: Listing UP for Sale

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