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Hotel & Apartment Assemblage
For Sale
$7,500,000

4831 W Flagler St, Miami, FL 33134

Redevelopment potential in central Miami's Flagami neighborhood.

Property SizeContact for details
Lot Size0.89 Acres
Days on Market270

Property Features for 4831 W Flagler St

General Information

Standard status Active
Lot size 0.89 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $25,170
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Carlos Miranda · License #3254982
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 21 Last Checked: Aug 25 at 11:12AM

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 Realty Consultants Inc

Investment Insights

Based on property information with market context.

This property features a 16-unit hotel building, a triplex, and three 5-unit buildings, situated on a 38,676 square foot lot. The site is zoned T5-L with parking, presenting a covered-land opportunity for developers. Located in Flagami, a central Miami community, the property offers connectivity to surrounding neighborhoods such as Coral Gables, Little Havana, and Fountainbleau. The area is populated by thriving businesses and is in proximity to major economic engines such as the airport and the upcoming 56-acre Freedom Park mega-development. This location is suitable for housing Miami's active middle workforce, offering residents a centric and thriving neighborhood.

Key Highlights

  • Excellent redevelopment potential with T5‑L zoning on a 38,676 SF lot.
  • Covered land play opportunity with existing income‑producing buildings.
  • Prime location in Flagami, a central Miami neighborhood.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,933
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Redevelopment potential in central Miami's Flagami neighborhood.
Where is this hotel located?
The property is located at 4831 W Flagler St Miami, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Excellent redevelopment potential with T5‑L zoning on a 38,676 SF lot.; Covered land play opportunity with existing income‑producing buildings.; Prime location in Flagami, a central Miami neighborhood.
More about this property
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