MLS#A11929934
STATUSActive
PROPERTY TYPECommercial - Retail
Property 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.
Property Features
Property Type: Commercial - Retail
Lot Size: 0.60 Acres
Stories: 1.0
Taxes: $49,756
Year Built: 1946
Feature Descriptions
Accessibility: Accessible Parking
Crops Included Y/N: No
Days on Site: 131
Home Warranty Y/N: No
Lease Considered Y/N: No
Lot: City Location, Corner Lot, Near Airport, Shopping Center
Parcel#: 01-41-06-036-0020
Parking: Free Parking
Parking Notes: Free Parking
Property Attached Y/N: No
Property Sub-Type: Retail
Listed By / Shown By
Listed By
Agency Name: First Service Realty ERA
Agency Phone: 305-551-9400
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
4735 W Flagler St | MLS# A11929934
This commercial property located at 4735 W Flagler St, Miami, FL 33134 is currently listed for sale with an asking price of $5,300,000. Search Miami real estate on www.realty100.com today.