Former Bank Building For Sale

10781 W Flagler St, Miami, FL

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For Sale

Contact for pricing

Corner location former bank with drive-thru and dedicated parking.

Type:RETAIL

Property size:

4,489 SF

Lot size:

0.54 Acres

Price / SF:

$768/SF

HighLights

High‑traffic corner location on W Flagler Street & SW 107th Avenue.
Former bank building with a 3‑lane drive‑thru.
20 dedicated parking spaces.
Located within Laguna Plaza shopping center with co‑tenants CVS, Food Star Supermarket, El Paraiso Furniture, and Pollo Tropical.
Adjacent to FIU College of Engineering and Computing.
Existing building suitable for immediate use.

We can help!

Listing Contact

Russell Bornstein

For Sale

Contact for pricing

Corner location former bank with drive-thru and dedicated parking.

Type:RETAIL

Property size:

4,489 SF

Lot size:

0.54 Acres

Price / SF:

$768/SF

Added:: May 2, 2025
Days on Market:: 409
Last Refresh:: May 19 at 11:00 pm

Property Features for 10781 W Flagler St

General Information

Standard status: Active
Size: 4,489 SF
Lot size: 0.54 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Russell Bornstein

Listing agent Russell Bornstein

Listing office Colliers | Boca Raton

Listing date May 2, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Boca Raton

HighLights

High‑traffic corner location on W Flagler Street & SW 107th Avenue.
Former bank building with a 3‑lane drive‑thru.
20 dedicated parking spaces.
Located within Laguna Plaza shopping center with co‑tenants CVS, Food Star Supermarket, El Paraiso Furniture, and Pollo Tropical.
Adjacent to FIU College of Engineering and Computing.
Existing building suitable for immediate use.

Overview

The property is a former bank building situated on the corner of West Flagler Street and Southwest 107th Avenue. It features a three-lane drive-thru and 20 dedicated parking spaces. The property is located within the Laguna Plaza shopping center, with co-tenants including CVS, Food Star Supermarket, El Paraiso Furniture, and Pollo Tropical. It is adjacent to the FIU College of Engineering and Computing. The building has a size of 4,489 square feet and is located in Miami, Florida.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$287.1k	$63.96
− Vacancy	−$4.3k	−$0.96
EGI	$282.8k	$63.00
− OpEx	−$70.7k	−$15.75
NOI	$212.1k	$47.25

4,489 SF · lease $63.96/SF/yr · vacancy 1.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$3.03M

$2.65M – $3.54M (±1% cap)

NOI $212,107 @ 7.0% cap · market cap 6.15%

Second Best

Retail

$2.09M

$1.83M – $2.44M (±1% cap)

NOI $146,457 @ 7.0% cap · market cap 4.25%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Wells Fargo ATM Atm Wells Fargo Home ... Loan Service Wells Fargo Bank Bank Wells Fargo Advisors Financial Advisor

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.3728
Latitude: 25.7695

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For sale
Banks
FL
Miami
10781 W Flagler St

What type of property is this?

Bank - Corner location former bank with drive-thru and dedicated parking.

Where is this bank located?

The property is located at 10781 W Flagler St Miami, FL.

What is the asking price?

The asking price for this property is $3,450,000.

What are key features of this property?

This property features: High‑traffic corner location on W Flagler Street & SW 107th Avenue.; Former bank building with a **3‑lane drive‑thru.**; **20 dedicated parking spaces.**

10781 W Flagler St, Miami, FL

Corner location former bank with drive-thru and dedicated parking.

Property Features for 10781 W Flagler St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Miami Mixed-Use Investment Opportunity

Miami Office Buildings with Redevelopment Potential

Established Automotive Business on Calle 8

Prime Westchester Commercial Property

Updated Two-Story Miami Office Building

Miami Riverfront Mixed-Use Opportunity

Miami Commercial Building For Sale

Miami Warehouse Condo For Sale

Miami Commercial Corner Lot Opportunity

Freestanding Commercial Building on 8th

Miami River Commercial Opportunity

Operating Supermarket on High-Traffic Corner

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