Flagler Street Retail Assemblage
1440 w flagler miami fl, Miami, FL 33135
Income-producing retail assemblage with redevelopment potential in Little Havana.
Type:Retail
Property size:
7,600 SFLot size:
0.28 AcresPrice / SF:
$348/SF- Added:
- Jun 12, 2025
- Days on Market:
- 337
- Last Refresh:
- Mar 17 at 1:19 pm
Property Features for 1440 w flagler miami fl
General Information
- Standard status
- Active
- Size
- 7,600 SF
- Lot size
- 0.28 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing agent Joshua Jimenez License #Sl3547274
Listing office Fausto Commercial
Listing date Jun 12, 2025
Source Crexi
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 Fausto Commercial
HighLights
- Prime location on Flagler Street in Little Havana, a rapidly growing commercial corridor.
- Significant redevelopment potential with T6‑8‑O zoning allowing up to 41 residential units or mixed‑use development up to 8 stories.
- Current income‑producing property with stable, diversified income from five storefront retail units.
- Existing leases generate a total annual NOI of $65,500.
- Located near major employment centers including Downtown Miami, Brickell, and the Health District.
- ±12,000 SF site offers a substantial footprint for development or continued retail use.
Overview
This is a rare opportunity to acquire an income-producing retail assemblage located on Flagler Street, a strategic commercial corridor in Miami. Situated in the heart of Little Havana, this approximately 12,000 square foot site is positioned in a rapidly growing neighborhood surrounded by major employment centers, including Downtown Miami, Brickell, and the Health District. The site consists of five storefront retail units. Currently, two spaces are leased to a dry cleaner and a variety store, each paying $3,000 per month, generating a total annual net operating income of $65,500. This setup provides stable, diversified income with near-term upside potential. Zoned T6-8-O, the site allows for the development of up to 41 residential units by right and mixed-use up to 8 stories, making it an excellent candidate for future redevelopment while collecting strong in-place income. The property size is 7,600 square feet. This is a prime opportunity for investors, developers, and land bankers to secure a well-positioned asset with cash flow today and development potential tomorrow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Destinne Caffe
Restaurant
Similar Places Nearby
- Flower Cottage — 1000 sw 8th st, miami, fl 33130
- Flowershop — 1165 SW 6th St, Miami, FL 33130
- Marjorie Flowers — 1643 SW 8th St, Miami, FL 33135
- Chiara Flowers — Miami, FL 33130
- Orchids and Gifts — 957 SW 7th St, Miami, FL 33130
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.217621
- Latitude
- 25.773361
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Income-producing retail assemblage with redevelopment potential in Little Havana.
Where is this storefront property located?
The property is located at 1440 w flagler miami fl Miami, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Prime location on Flagler Street in Little Havana, a rapidly growing commercial corridor.; Significant redevelopment potential with T6‑8‑O zoning allowing up to 41 residential units or mixed‑use development up to 8 stories.; Current income‑producing property with stable, diversified income from five storefront retail units.
