Flagler Street Retail Assemblage
For Sale
Contact for pricing
1440 w flagler miami fl, Miami, FL 33135
Income-producing retail assemblage with redevelopment potential in Little Havana.
Property Size7,600 SF
Lot Size0.28 Acres
Price / SF$348.68
Days on Market427
Property Features for 1440 w flagler miami fl
General Information
Standard status
Active
Size
7,600 SF
Class
B
Lot size
0.28 Acres
Property subtype
Retail
Zoning
T6-8-O
Occupancy
50%
Lease Type
NN
Investment Type
Value Add
Net Operating Income
$65,000
Building Details
Year Built
1955
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Fausto Commercial
(305) 431-2258
Listed By:
Joshua Jimenez · License #Sl3547274
Source:
Crexi
Added: Jun 12, 2025
Changed: Aug 8
Last Checked: Aug 12 at 8:44AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,345
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
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?
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.
