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Retail - for Sale

4735 W FLAGLER ST, MIAMI, FL 33134

Asking Price$5,300,000

  • Days on market:

    5 day(s)
  • Original Price:

    $5,300,000
  • Tax Legal Description:

    PARKERS FLAGLER HEIGHTS PB 18-32 LOTS 5 THRU 12 BLK 1 LOT SIZE 25928 SQ FT OR 18774-0020 0899 1
  • Property Type:

    Retail
  • Parking:

    Free Parking
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location Shopping Center Corner Lot Near Airport

Description

$5,300,000

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.

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