Retail Showroom with
For Sale
Contact for pricing
5810 W Flagler St # 5810, Miami, FL 33144
An open customer-facing area is complemented by a private office on the second floor.
Property Size2,312 SF
Price / SF$3.24
Days on Market226
Property Features for 5810 W Flagler St # 5810
General Information
Standard status
Active
Size
2,312 SF
Property subtype
Retail
Site & Location
Neighborhood
Flagami
Building Details
Building Size
2,312 SF
Year Built
1951
Listing Agency:
The Elaine Group, Inc.
Listed By:
Elaine Perez · License #3326121
(786) 287-4344
Source:
Emporiore
Added: Mar 16
Changed: Oct 27
Last Checked: Oct 27 at 3:16AM
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 The Elaine Group, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,312-square-foot retail space has an open showroom layout and a private office on the second floor. The configuration includes distinct areas for customer-facing activity and administrative work. The building dates to 1951 and is located at 5810 W Flagler St in Miami, Florida.
Key Highlights
- 2,312 square feet of retail space
- Open showroom layout
- Private office on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,431
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,620
$1.5M
Cap Rate 7%
$1,077,586
$1.1M
Cap Rate 9%
$838,122
$838.1K
Market Conditions
NOI Build-Up for 2,312 SF
Gross rent
$120.1K $51.96/SF
− Vacancy
−$12.4K −$5.35/SF
EGI
$107.8K $46.61/SF
− OpEx
−$32.3K −$13.98/SF
NOI
$75.4K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,620
Cap Rate 7%
$1,077,586
Cap Rate 9%
$838,122
Alternative Uses
Best Use
Retail
$1.08M
$942.9K – $1.26M
NOI $75,431 @ 7.0% cap · market cap 1,005.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,243 @ 7.0% cap · market cap 1,456.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,888
Businesses Nearby
Explore this area
Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - An open customer-facing area is complemented by a private office on the second floor.
Where is this retail space located?
The property is located at 5810 W Flagler St # 5810 Miami, FL.
What are key features of this property?
This property features: 2,312 square feet of retail space; Open showroom layout; Private office on the second floor
