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Restaurant and Hospitality Property
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627 W Flagler Street, Miami, FL 33130

Existing restaurant building with tenant build-out potential and an expansive backyard for outdoor hospitality concepts.

Property Size3,312 SF
Lot Size0.16 Acres
Price / SF$0.01
Days on Market55

Property Features for 627 W Flagler Street

General Information

Standard status Active
Size 3,312 SF
Lot size 0.16 Acres
Property subtype Business
Lease Type NNN

Building Details

Year Built 1941
Listing Agency: LoKation
Listed By: Maria Fabiana Pena Cabezas · License #3379668
Source: Lehmannflorida
Added: Jul 16 Changed: Sep 7 Last Checked: Sep 8 at 6:35AM

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 LoKation

Investment Insights

Based on property information with market context.

A restaurant and hospitality property located at 627 W Flagler Street, Miami, offered in its current condition and ready for a complete tenant build-out. The site includes approximately 3,588 SF of existing building area on a ±6,996 SF lot, with an expansive backyard suitable for outdoor dining, private events, or live entertainment.

Positioned along the W Flagler Street corridor, the property is described as being on a highly trafficked route with convenient access to Downtown Miami, Brickell, the Health District, and Miami International Airport.

The landlord is seeking a long-term triple net (NNN) lease with a qualified tenant to establish a restaurant or hospitality destination, with flexibility identified for concepts such as café, cocktail lounge, brewery, and wine bar.

Key Highlights

  • Existing restaurant building on a 6,996 SF lot with approximately 3,588 SF of building area
  • Available in its current condition with tenant build‑out potential
  • Long‑term triple net (NNN) lease available for a qualified restaurant or hospitality tenant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Adult Day Care Pet Grooming Service Butcher Veterinary Clinic

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

7,186
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Ar Ar Ar Miami, FL 33130
  • Manila Kantina Buffet 245 E Flagler St, Miami, FL 33131
  • sanvillabuffet 255 E Flagler St #79, Miami, FL 33131

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant building with tenant build-out potential and an expansive backyard for outdoor hospitality concepts.
Where is this conventional restaurant located?
The property is located at 627 W Flagler Street Miami, FL.
What are key features of this property?
This property features: Existing restaurant building on a 6,996 SF lot with approximately 3,588 SF of building area; Available in its current condition with tenant build‑out potential; Long‑term triple net (NNN) lease available for a qualified restaurant or hospitality tenant
More about this property
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