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4735 W Flagler St, Miami, FL – $5,300,000

  • $5.3M Price
  • 94 DOM
  • $5.3M Price
  • 94 DOM

4735 W Flagler St

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.

Essential Information

  • MLS® #A11730999
  • Price$5,300,000
  • Bathrooms0.00
  • Year Built1946
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address4735 W Flagler St
  • Area41
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33134-1451

Amenities

Parking

AccessibleParking, Free Parking

Interior

  • # of Stories1
  • StoriesOne

Additional Information

  • Listing Courtesy ofFirst Service Realty ERA
  • Date ListedJanuary 24th, 2025
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