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Downtown Miami Office/Retail Space
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28 W Flagler St, Miami, FL 33130

Office and retail spaces in a secure downtown building.

Space Size120 SF - 4,959 SF
Property Size74,820 SF
Days on Market2940

Property Features for 28 W Flagler St

General Information

Standard status Active
Size 120 SF - 4,959 SF
Class B
Total Parking Spaces 50
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 74,820 SF
Year Built 1985
Tenancy Multiple

Spaces For Lease

at 28 W Flagler St Contact us

1200a

Size
120 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

300

Size
1,500 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

510

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

600

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

800

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

CONFERENCE 1-8

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

PH-1

Size
4,959 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Realty Hub
Listed By: Alan Waserstein · License #0438224
Source: Crexi
Added: Aug 17, 2018 Changed: Aug 31 Last Checked: Sep 1 at 7:31PM

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 Realty Hub

Investment Insights

Based on property information with market context.

Located in downtown Miami, this office building is situated across the street from the Courthouse and connected to covered parking. On-site management and maintenance are provided. The building is secure, featuring 24-hour CCTV cameras and an access system. A variety of office sizes are available on different floors. Retail spaces are also available, benefiting from high foot and car traffic, bathrooms, and an open concept. Downtown Miami is undergoing development to transform Flagler Street into a festival-style boulevard. Ample street, private, and municipal parking options are available.

Key Highlights

  • Prime downtown location across from the Courthouse and on Flagler Street, benefiting from Miami's downtown development.
  • Flexible office spaces of various sizes on different floors, with the local owner willing to customize spaces.
  • Competitive pricing: the owner is committed to beating any office deal offered in the area.

Property Analytics

Current Use

Puntilla Recording Studio Szpitoys Big Box & Wholesale Store HJ Express Shippers Big Box & Wholesale Store Law Office of Natalia ... Law Firm Choice Reporting Services ... Law Firm

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Butcher Buffet

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13,901
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

Market

Lease Benchmarks for Miami, FL

$45.47 /SF/Yr
Avg Asking Price
$12–$95 /SF/Yr
Price Range
23,831 SF
Avg Space Size

This space is priced 58% below the average of $45.47 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office and retail spaces in a secure downtown building.
Where is this office building located?
The property is located at 28 W Flagler St Miami, FL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Prime downtown location across from the Courthouse and on Flagler Street, benefiting from Miami's downtown development.; Flexible office spaces of various sizes on different floors, with the local owner willing to customize spaces.; Competitive pricing: the owner is committed to beating any office deal offered in the area.
(786) 703-1731 Call to check price and availability
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