1440 w Flagler St, Unit MIAMI Miami, FL 33135
Income-producing retail assemblage with redevelopment potential in Little Havana.
Property size:
7,600 SFLot size:
12,000.00 AcresProperty Features for 1440 w Flagler St
General Information
- Standard status
- Active
- Zoning
- T6-8-O
- Size
- 7,600 SF
- Lot size
- 12,000.00 Acres
Building Details
- Year built
- 1955
Source:
Crexi
Listing Agency: Fausto Commercial Listing Agent: Joshua Jimenez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Flagler Street Retail Assemblage Opportunity
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.
Location Intelligence
Current Use by Public Records
Destinne Caffe
Restaurant
Similar Places Nearby
Flower Cottage, Flowershop, Marjorie Flowers, Chiara Flowers, Miami Flores Medellin
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 St, Unit MIAMI Miami, FL.
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.
