4735 W Flagler St, Miami, Florida 33134
MLS#: A11730999
$5,300,000 USD
Listed By First Service Realty ERA
The Retail Property for Sale located at Miami, Florida 33134 is currently for sale. Miami, Florida 33134 is listed for $5,300,000. This property has Total Parking features. If the property located at Miami, Florida 33134 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Retail Properties for Sale in Miami .
Date Updated : Jan 25, 2025
Property features
Key features
- Total Parking
Construction details
- 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
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.