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    4735 W Flagler St Miami, FL 33134

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    For Sale
    $5,300,000

    Retail strip center with income growth potential in West Flagler.

    Lot size:
    0.60 Acres

    Property Features for 4735 W Flagler St

    General Information

    Lot size
    0.60 Acres

    Building Details

    Year built
    1946

    Source: First Service Realty ERA Agent Madelin Estupinan

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

    Overview

    Retail Strip Center Investment Opportunity

    This retail strip center is located in the West Flagler submarket, near Little Havana. The property is currently 100% occupied. There is potential for income growth by converting gross leases to NNN leases and shifting operational costs such as water and trash to tenants. The property has redevelopment potential and may be ideal for Live Local Act incentives. There are currently five tenants on month-to-month leases, and two leases expiring in 2026. The location has Flagler Street frontage with a traffic count of 38,000 vehicles daily. Small retail spaces in the area are in high demand.
    Location Intelligence

    Current Use by Public Records

    DS PHONE REPAIR Computer Repair Service Fmobil Inc. Mobile Phone Repair Shop Simple Mobile Cell Phone Store Coin Cloud Bitcoin ... Atm

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.273161
    Latitude
    25.771461

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    FAQs

    What type of property is this?
    Strip mall - Retail strip center with income growth potential in West Flagler.
    Where is this strip mall located?
    The property is located at 4735 W Flagler St Miami, FL.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: - 100% Occupied Retail Strip Center: Provides immediate cash flow.; - Significant Income Growth Potential: Below-market rents and conversion to NNN leases.; - Prime Location: High-traffic Flagler Street frontage (38,000 vehicles daily).
    (786) 514-8046
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    4735 W Flagler St Miami, FL 33134
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    Miami, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4735 W Flagler St Miami, FL 33134
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