About This Home
This 0-bedroom, 0-bathroom commercial at 4735 W Flagler St in Miami, FL is listed for $4,700,000. Built in 1946, on a 0.60 acres lot.
Key Features
- Built in 1946
- 0.60 acre lot
- 30 parking spaces
Property Details
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.
Monthly Cost Estimate
$25,137/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4735 W Flagler St
Miami, FL 33134
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4735 W Flagler St is listed at $4,700,000. The estimated monthly payment is $25,137 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1946, 0.60 acre lot, 30 parking spaces.
This property is listed by Madelin Estupinan LLC and can be reached at 7864613159.
