4735 W Flagler St, Miami FL 33134
$5,300,000
Est. Payment $28,209/mo
1946
Year Built
1
Stories
106
Days on Market
Description
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.
Facts
- MLS#
- A11929934
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1946
- Lot Size
- 25,928 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 106 days
- Listed
- Dec 23, 2025
- Last Updated
- Apr 8, 2026
- Price/Lot Sq.Ft.
- $204/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
11
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).
| 12/23/2025 | Listed for sale | $5,300,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Highpoint Academy ESE Center1,2,3,4,5,6,7,8 · private · 0.3 mi
Pizarro School for MontessoriPK,KG,1,2 · private · 0.3 mi
Montessori Children's AcademyPK,TK,KG,1,2,3,4,5 · private · 0.5 mi
Coral Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.5 mi
Rockway Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.7 mi
Rockway Middle School6,7,8 · public · 0.7 mi
Westchester Day CarePK,KG · private · 0.8 mi
Saint Agatha SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Miami Coral Park Senior High School9,10,11,12 · public · 1.0 mi
Miami Coral Park High Adult EducationUG · public · 1.1 mi
Estimated Monthly Payment
$32,775/mo
Principal & Interest
$28,209
Property Tax
$4,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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