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.
- Address 4735 W Flagler St
- City Miami
- County Miami-Dade
- Zip 33134
- Price $5,300,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11730999
- Property Type Commercial Sale
- Property Sub TypeRetail
- Status Active
- Square Feet
- Year Built 1946
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $49,756
- Tax Year