4735 W Flagler Street, Miami, FL 33134
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Active

$5,100,000

4735 W Flagler Street, Miami, FL 33134

Beds
0 Baths
Sq Ft
1946 Year Built

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.

Property Details

MLS Number
A12065127
Property Type
Retail
City
Miami
County
Miami-Dade
Subdivision
Garage
spaces