$5,100,000
Miami, FL 33134
MLS# A12065127
7549 sqft
1 / 17
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-04
Status: Active
Original List Price: 5100000
List Price: $5,100,000
Current Price: $5,100,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33134
Subdivision Number: 36
Flood Zone: X
Property Description: Commercial Retail
Country: United States
Street Number: 4735
Street Direction Prefix: W
Street Name: Flagler
Street Suffix: Street
State Or Province: FL
Postal Code +4: 1451
Area: 2410
Parcel Number: 0141060360020
Zoning: 6100
General Property Information
Occupant Type: Tenant
Lot Size Area: 25928
Stories Total: 1
Property Sub Type: Retail
Building Area Main: 7549
Year Built: 1946
Parking Total: 30
Lot Size Acres: 0.6
Office/Member Information
DXORIGMLSID: SEF
Parking Features
Free: 1
Short Sale Details
Short Sale Addendum: No
Structure Type
Retail: 1
Location of Property
City Location: 1
Corner Lot: 1
Near Airport: 1
Shopping Center: 1
Building and Property Details
# Of Tenants: 7
Business Type
Retail: 1
Sale Includes
Building: 1
Land: 1
Listing Terms
Cash: 1
Owner Will Carry: 1
Other: 1
Income and Expenses
Occupancy Percentage: 100
Price Calculations
Current Price To SqFt: 675.58
Section Details
Parcel Number MLX: 0020
Financial Information
Tax Annual Amount: 49756
Tax Legal Description: PARKERS FLAGLER HEIGHTS PB 18-32 LOTS 5 THRU 12 BLK 1 LOT SIZE 25928 SQ FT OR 18774-0020 0899 1
Status Change Information
Major Change Timestamp: 2026-08-04T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-04
Originating Details
Originating System Key: 540597385
Originating System ID: M00000151
Property Features
Business Type: Retail
Location of Property: City Location; Corner Lot; Near Airport; Shopping Center
Parking Features: Free
Sale Includes: Building; Land
Listing Terms: Cash; Owner Will Carry; Other
Structure Type: Retail
Listing Office: Miami New Realty
Last Updated: August - 05 - 2026
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