About 4735 W Flagler St
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.
Features of 4735 W Flagler St
| MLS® # | A11730999 |
|---|---|
| Price | $5,300,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1946 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 4735 W Flagler St |
|---|---|
| Area | 41 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33134-1451 |
| HOPA | No Hopa |
Amenities
| Parking | AccessibleParking, Free Parking |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
| Stories | One |
Listing Details
| Office | First Service Realty ERA |
|---|