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Restaurant Space with Outdoor Backyard
For Lease
$45 SF/Yr

627 W Flagler St, Miami, FL 33130

COMMERCIAL - Miami, FL

Space Size3,588 SF
Lot Size0.16 Acres
Days on Market19

Property Features for 627 W Flagler St

General Information

Property type Commercial Lease
Property subtype Other
Zoning description 6110
Subdivision 41
Standard status Active
APN 01-02-00-090-1210
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description CITY OF MIAMI SOUTH PB B-41 LOT 17 LESS S10FT FOR ST BLK 9 LOT SIZE 49.970 X 140 OR 11555-918 0982 2
Legal Description CITY OF MIAMI SOUTH PB B-41 LOT 17 LESS S10FT FOR ST BLK 9 LOT SIZE 49.970 X 140 OR 11555-918 0982 2

Building Details

Year built 1941
Flooring type Tile - Ceramic
Building materials Block
Listing Agency: LoKation
Listed By: Maria Pena Cabezas · License #3379668
Added: Jul 17 Last Checked: Aug 4 at 8:06AM
MLS# A12055326

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Restaurant/hospitality leasing opportunity at 627 W Flagler Street in Miami’s Little Havana area. The property sits on a +/- 6,996 SF lot with approximately +/- 3,588 SF of existing building area. Offered in its current condition and ready for a tenant build-out, the space supports a long-term triple net (NNN) lease with a qualified tenant.

Interior finishes include ceramic tile flooring, and the building is constructed with block materials. A key feature is the expansive backyard, which can support outdoor dining, private events, live entertainment, or other hospitality uses.

The location is positioned along the W Flagler Street corridor and provides convenient access to Downtown Miami, Brickell, the Health District, and Miami International Airport. The landlord is seeking a tenant to establish a restaurant or hospitality concept tailored to the property’s indoor space and outdoor potential.

Key Highlights

  • +/- 3,588 SF existing building area on a +/- 6,996 SF lot
  • Long‑term triple net (NNN) lease
  • Expansive backyard suited for outdoor dining and events

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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Miami, FL

$58.28 /SF/Yr
Avg Asking Price
$28–$77 /SF/Yr
Price Range
6,434 SF
Avg Space Size

This space is priced 23% below the average of $58.28 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant or hospitality space on a block-built site with ceramic tile floors and a backyard suited for outdoor use.
Where is this conventional restaurant located?
The property is located at 627 W Flagler St Miami, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: +/- 3,588 SF existing building area on a +/- 6,996 SF lot; Long‑term triple net (NNN) lease; Expansive backyard suited for outdoor dining and events
More about this property
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