4735 Flagler St
Miami, FL 33134

Property

Ownership: For Sale
Type: Retail

Financials

Price:$5,300,000
Annual Taxes:$49,756
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of First Service Realty ERA

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.

Neighborhood

More listings:

Retail strip center in the growing West Flagler submarket, just minutes from Little Havana.


Long Island MLS

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.