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Flagami Redevelopment Opportunity
For Sale
$7,500,000

4831 W Flagler Street, Miami, FL 33134

Hotel and apartment assemblage with redevelopment potential in Flagami.

Property SizeContact for details
Lot Size0.89 Acres
Days on Market449

Property Features for 4831 W Flagler Street

General Information

Standard status Active
Lot size 0.89 Acres
Property subtype Hotel/Motel

Site & Location

Neighborhood Blue Lagoon

Taxes and HOA fees

Annual Taxes $25,170
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Mauricio Villasuso · License #3254982
Source: Silverleafrealtygroup
Added: Aug 4, 2025 Changed: Oct 25 Last Checked: Sep 29 at 11:42AM

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

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Investment Insights

Based on property information with market context.

This property presents a covered land play with excellent redevelopment potential in Flagami, a central Miami community offering connectivity to Coral Gables, Little Havana, and Fountainbleu. The location is near thriving businesses and major economic engines, including the airport and the upcoming 56-acre Freedom Park mega-development. The site is suitable for housing Miami’s active middle workforce. The assemblage includes a 16-unit hotel building, a triplex, and three 5-unit buildings, situated on a 38,676 square foot lot zoned T5-L with parking. This property is prime for developers.

Key Highlights

  • Excellent redevelopment potential with T5‑L zoning on a large 38,676 SF lot.
  • Covered land play: existing income from a 16‑unit hotel, triplex, and three 5‑unit buildings.
  • Prime location in central Miami's Flagami neighborhood.

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Commercial land - Hotel and apartment assemblage with redevelopment potential in Flagami.
Where is this commercial land located?
The property is located at 4831 W Flagler Street 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 large 38,676 SF lot.; Covered land play: existing income from a 16‑unit hotel, triplex, and three 5‑unit buildings.; Prime location in central Miami's Flagami neighborhood.
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