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Office Building with Covered Parking

641 W Flagler St, Miami, FL 33130

For Lease
New
$45 SF/Yr

Elevator-served office floors offer move-in-ready space alongside a floor available as-is or for renovation.

Space Size15,000 SF
Property Size15,648 SF
Days on Market2

Property Features for 641 W Flagler St

General Information

Standard status Active
Size 15,000 SF
Net Rentable 15,000 SF
Elevators Yes
Zoning 6110

Space & Availability

Available Space 15,000 SF
Contiguous Space 15,000 SF
Space Use Office

Site & Location

Neighborhood Little Managua

Building Details

Building Size 15,648 SF
Year Built 1982
Stories 3
Listing Agency: LoKation
Listed By: Maria Pena Cabezas · License #3379668
Source: Grayprop
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 9 at 2:03AM

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

Rey
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Investment Insights

Based on property information with market context.

The 1982 office building has two office floors above a ground-level covered parking garage, with an elevator serving the office levels. The third floor is built out for occupancy, while the second floor may be leased in its current condition or renovated to suit tenant requirements. The garage provides approximately 12–14 indoor parking spaces.

The property is at 641 W Flagler St, near W Flagler Street and SW 6th Avenue. Downtown Miami, Brickell, the Health District, and Miami International Airport are described as minutes away.

Key Highlights

  • Approximately 12–14 indoor parking spaces in the covered garage
  • Two office floors above a ground‑floor parking garage, served by an elevator
  • Third floor is built out and ready for occupancy

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Soldiers of the Cross Evangelical ... Church

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,292
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami, FL

$44.29 /SF/Yr
Avg Asking Price
$12–$85 /SF/Yr
Price Range
22,471 SF
Avg Space Size

This space is priced 2% above the average of $44.29 /SF/Yr.

Average Price Trend$/SF/Yr for Office buildings in Miami, FL

$45.45 Jul
$43.67 Aug
$45.01 Sep
$44.49 Oct

Properties on Market for Office buildings in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Elevator-served office floors offer move-in-ready space alongside a floor available as-is or for renovation.
Where is this office building located?
The property is located at 641 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: Approximately 12–14 indoor parking spaces in the covered garage; Two office floors above a ground‑floor parking garage, served by an elevator; Third floor is built out and ready for occupancy
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