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Homes for sale in Miami
Retail

4735 W Flagler St

Miami, FL 33134
$4,700,000
Year built
1946

Listing courtesy of Madelin Estupinan LLC, Miami New Realty

About this home

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

Property

Type
Retail
Year built
1946
Stories
1
Lot size
25,928 sq ft
County
Miami-Dade County
Flood zone
X

Exterior and parking

Parking
Free Parking

Community and fees

Annual taxes
$49,756
Terms
All Cash, Owner Will Carry

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 25, 2026.