Miami, FL 33134 4735 W Flagler St
$5,300,000
11 more
Presented By: This listing is courtesy of First Service Realty ERA;
SQFT • 7,549
Home Details
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.
Presented By: This listing is courtesy of First Service Realty ERA;
Interior Features for 4735 W Flagler St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 4735 W Flagler St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPARKERS FLAGLER HEIGHTS PB 18-32 LOTS 5 THRU 12 BLK 1 LOT SIZE 25928 SQ FT OR 18774-0020 0899 1
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet25928.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PostalCityMiami
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Structure TypeRetail
Tax Annual Amount49756.0
Virtual TourClick here
Waterfront Y/NNo
Year Built1946
Year Built DetailsResale
Zoning Description6100
Exterior for 4735 W Flagler St
Building Area Total7549.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area25928.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAccessibleParking, FreeParking
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking30.0
Additional Details
Price History
Logan Gray
Commercial Realtor®
