CITY OF MIAMI SOUTH

727 W Flagler St, Miami FL 33130

Closed

$1,199,000

38.48%

Est. Payment $6,382/mo

MLS Sheet Video

543

Days on Market

Description

SELLER FINANCING AVAILABLE – 3-unit retail property with rear parking on busy W Flagler St, minutes from Miami’s urban core. Zoned T6-12-O, offering several options: build up to 4 townhomes on the 7,000 SF lot, assemble with neighbors for up to 12 stories (±24–34 units with Live Local Act), or expand the existing 1,845 SF building to add square footage and income. All units are leased, providing immediate cash flow while planning redevelopment. Perfect covered land play, future multifamily, or owner-user use such as a pet hotel, veterinarian, medical office, or professional practice. The location offers strong visibility, heavy traffic counts, and quick access to Downtown, Brickell, and major highways, making it a rare investment with both income and development upside.

Facts

MLS#
A11664550
Subdivision
CITY OF MIAMI SOUTH
Property Type
Commercial Land
Property Sub Type
Commercial
Year Built
Lot Size
6,970 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
543 days
Listed
Sep 24, 2024
Last Updated
Mar 25, 2026
Price/Lot Sq.Ft.
$172/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

53

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/25/2026Sold$1,199,000
2/4/2026Price change$1,199,000-38.5%
9/24/2024Listed for sale$1,949,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

727 W Flagler St, Miami FL 33130Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$7,531/mo

Principal & Interest

$6,382

Property Tax

$999

Insurance

$150

HOA

$0

20% ($239,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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