4735 W Flagler St, Miami, Florida 33134
4735 W Flagler St, Miami, Florida 33134
4735 W Flagler St, Miami, Florida 33134
4735 W Flagler St, Miami, Florida 33134
4735 W Flagler St, Miami, Florida 33134

$5,300,000 USD

Retail Property for Sale, 4735 W Flagler St, Miami, Florida 33134

  • MLS#A11730999

Listed By First Service Realty ERA

The Retail Property for Sale located at 4735 W Flagler St, Miami, Florida 33134 is currently for sale. 4735 W Flagler St, Miami, Florida 33134 is listed for $5,300,000.

Date Updated : Jan 25, 2025

Property features

Lot/Land

  • Land/Lot size: 2,409 m² (25,928 ft²)

Construction

  • Year built: 1946

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.

Location

4735 W Flagler St, Miami, Florida 33134

4735 W Flagler St, Miami, Florida 33134