$5,300,000
4735 W Flagler St, Miami FL 33134
Retail
Built in 1946
25,928 Square Feet lot
52 days on market
About this property
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.
Property Details
Parking
- Parking features: Free Parking
Exterior
- Lot Features: City Location | Corner Lot | Near Airport | Shopping Center
- Waterfront: No
Interior
- Building Area Total: 7549
- Stories: 1
Location
- City: Miami
- County: Miami-Dade County
- State: FL
- Road Frontage (Length/Type): City Street
- Zoning: 6100
Construction
- New Construction: No
Public Info
- Lot Size: 25,928 Square Feet
- Year Built: 1946
- APN: 01-41-06-036-0020
Tax Information
- Annual Tax Amount: $49,756
Price History
| 2/13/2026 |
Listed for Sale
Source: Miami REALTORS® |
$5,300,000 |
Walk Score
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor