High-Density Redevelopment
For Sale
Contact for pricing
251 E Flagler St, Miami, FL 33131
T6-80 zoning and the Downtown Density Overlay support a substantial mixed-use redevelopment program.
Property SizeContact for details
Days on Market144
Property Features for 251 E Flagler St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Cushman & Wakefield - Miami, Florida
(305) 613-4507
Listed By:
Virgilio Fernandez · License #SL3397219
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 2:28AM
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 Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
This 2.51-acre commercial land holding includes an existing 164,000-square-foot, three-story shopping center anchored by Marshalls. The property provides 250 linear feet along Flagler Street and extends along an entire city block on NE 1st Street. Current leases include a 180-day demolition clause, allowing operations to continue while redevelopment planning advances.
Located at 251 E Flagler St in Downtown Miami, the site is next to the Miami Avenue Metromover station, with connections to Metrorail and Brightline. T6-80 zoning, combined with the Downtown Density Overlay, permits up to 1,000 housing units per acre, buildings reaching 80 stories, and a maximum gross building capacity of 3.9 million square feet. Nearby destinations include Brickell City Centre, Whole Foods, Bayfront Park, and Miami World Center.
Located at 251 E Flagler St in Downtown Miami, the site is next to the Miami Avenue Metromover station, with connections to Metrorail and Brightline. T6-80 zoning, combined with the Downtown Density Overlay, permits up to 1,000 housing units per acre, buildings reaching 80 stories, and a maximum gross building capacity of 3.9 million square feet. Nearby destinations include Brickell City Centre, Whole Foods, Bayfront Park, and Miami World Center.
Key Highlights
- 2.51‑acre commercial land site with an existing 164,000‑square‑foot shopping center
- 250 linear feet of frontage on Flagler Street and an entire city block on NE 1st Street
- T6‑80 zoning with Downtown Density Overlay
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - T6-80 zoning and the Downtown Density Overlay support a substantial mixed-use redevelopment program.
Where is this commercial land located?
The property is located at 251 E Flagler St Miami, FL.
What are key features of this property?
This property features: 2.51‑acre commercial land site with an existing 164,000‑square‑foot shopping center; 250 linear feet of frontage on Flagler Street and an entire city block on NE 1st Street; T6‑80 zoning with Downtown Density Overlay
