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4735 Flagler St, Miami, FL 33134
Offering:
For Sale
Location:
Miami, FL 33134
Status:
Active
$4,700,000
Deemed reliable but not guaranteed.
Details
Year built:
1946
Lot size:
25,928 sq ft
Levels:
One
Stories:
1
Parking:
30 spaces
Days on market:
52
Cumulative days on market:
575
Annual tax:
$49,756
Type:
Retail
MLS ID
A12065127
Virtual tour:
Listed by:
Miami New Realty (MNRE01)
Listing office phone:
305-485-3100
Listing office email:
Listing agent:
Madelin Estupinan LLC (0698693)
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.
Price history
$5,100,000 → $4,700,000
·
Reduced by
$400,000 (7.8%) · 2 price changes
Location
4735 W Flagler StMiami, FL 33134
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MLS information
Last updated Sep 25, 2026
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