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Retail Space
$5,300,000
4735 W Flagler St Miami, FL

A11730999

118 of 133 for Sale
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an agent
  • Listed On:

    Jan 25, 2025
  • Days on Market:

    83
  • Year:

    1946
  • Taxes:

    $49,756 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

    Free Parking

4735 W Flagler St Miami, FL 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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