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3424 W Flagler St, Miami FL 33135

Commercial Recently Sold
$1,625,000

BTC: 25.79365079

ETH: 930.69873998

Sold on: 2023-09-27
2 days
0 room(s)

Overview

8-unit Multi-Family in the heart of Miami! This property features 3 stories consisting of 7 (1/1) and 1 (3/2) units on month to month leases with 8 parking spaces. Centrally located near Coral Gables, Little Havanna, Brickell, and Downtown. The great income-producing property currently operating at a 6.9% cap rate with a potential increase to a 9% cap rate. Do not disturb tenants! Contact the Listing Agents for more details.

Location

Florida • Miami • 33135 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Assigned / Common / Other
Year Built:
1966
Lot:
7496 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,425,000
$1.2M – $1.9M
Confidence Low
List vs. estimate
$175K above estimate
List $1,600,000 · +12.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $495K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,701
Parking
8 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Parking

    • Assigned

    • Common

    • Other

    Lot

    • Lot: 7496 Square Feet

    Other Property Information

    • Parcel Number: 01-41-04-022-0550

    • Zoning: 6107

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $15,701

  • Source details

    • MLS ID: A11438934

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Commercial
0 room(s)
Miami
1101 SW 12th Ct, Miami FL 33135

Market around this address

Live counts in the same area.
View all
This zip
33135
161
median $1.3M
Active
Same city
Miami
12,209
median $650K
Active
Same type
Commercial
1,160
median $1.3M
Active
Similar price
$1.1M – $2.1M
1,595
median $1.5M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lifestyle International Realty