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5185 W Flagler St, Miami FL 33134

Commercial Recently Sold
$6,600,000

BTC: 102.72373541

ETH: 3,468.86431485

Sold on: 2025-09-16
140 days
0 room(s)

Overview

Opal Gardens is a 22-unit apartment building located at 5185 W Flagler Street in Miami, Florida. Built in 2023, the building has 13,840 net rentable SF, 25,344 gross SF on a 7,458 SF lot. The unit mix is 100% 2-bed/1-bath units, measuring 629 SF on average. The property is built with durable CBS construction, a T.P.O roofing system, ensuring long-term value and structural integrity. Opal Gardens residents benefit from the convenience of covered parking, central A/C, and an elevator. On-site amenities including a 24-hour fitness center, a 24-hour business center with a glass-walled conference room, and laundry facilities.

Location

Details

Type:
Commercial Sale
Parking:
Covered
Year Built:
2023
Lot:
7458 Square Feet
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,337,500
$1.9M – $6.2M
Confidence Low
List vs. estimate
$3.6M above estimate
List $6,900,000 · +106.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $575K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$98,163
Parking
27 spaces
All facts and features
  • Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • Covered

    Lot

    • Lot: 7458 Square Feet

    Other Property Information

    • Parcel Number: 01-41-06-027-0020

    • Zoning: 6107

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $98,163

  • Source details

    • MLS ID: A11770654

Private inquiry
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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: MSP Group, LLC