$5,300,000
4735 W Flagler St
Miami, FL, 33134
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Project 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.
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.
Property Details
Price:
$5,300,000
MLS #:
A11730999
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Jan 24, 2025
Finished Sq Ft:
7,549
Total Sq Ft:
7,549
Year Built:
1946
Property Direction
- Address4735 W Flagler St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33134
Subdivisions in Miami
- 07TH AVE HIGHLANDS
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 17TH AVE MANOR
- 7TH ADDN TO RICHMOND HEIG
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- BELLE MEADE MIAMI SEC 01
- BENT TREE SEC 03
- BROOKSIDE ESTATES
- BUCKLEY TOWERS CONDO – EAST BLDG
- CORAL WAY VILLAGE SEC A PART 5
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- FLAMINGO PARK
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- LAKES OF THE MEADOW
- LINCOLN ESTATES
- MAJORCA ISLES III CONDO
- MARILYN CONDO
- NORTH DADE COUNTRY CLUB VILLAG
- QUADRO
- RANDALL PARK
- RIVERVIEW
- RIVERWOOD CONDO
- SIERRA
- SOVERIN CONDO
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VENETIAN ISLES CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WATERBURY
- WEST MIAMI SHORES SEC B
Schools
Interior
Exterior
Parking Features
Free Parking
Parking Spots
30
Financial
Taxes
$49,756
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4735 W Flagler St
Miami, FL