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4735 W Flagler St, Miami FL 33134

Commercial For Sale
$4,700,000

BTC: 57.50994188

ETH: 1,910.56910569

-$400K (2026/09/21)
64 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
Free Parking
Year Built:
1946
Lot:
25928 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,700,000
$4.1M – $5.3M
Confidence Low
List vs. estimate
At estimate
List $4,700,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $527K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$49,756
Parking
30 spaces
All facts and features
  • Parking

    • Free Parking

    Lot

    • Lot: 25928 Square Feet

    Other Property Information

    • Parcel Number: 01-41-06-036-0020

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $49,756

  • Source details

    • MLS ID: A12065127

    Other facts

    • Lot Features: City Location / Corner Lot / Near Airport / Shopping Center

Private inquiry
Talk to the advisor on this listing.
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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: Miami New Realty