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    28 Flagler St Miami, FL 33130

    Sponsored
    For Lease
    $21 SF/Yr

    Downtown Miami office, flexible suites

    Lot size:
    74,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This twelve-story, Class B office building, Courthouse Tower Flagler, located at 28 W Flagler St, Miami, FL 33130, offers 74,820 square feet of versatile space. Built in 1985 and renovated in 2015, the property features multiple tenancy options, ranging from 300 to 5,700 contiguous square feet, with a total of 8 suites. Currently, 10,000 square feet is available. The building boasts three elevators, 50 parking spaces, and is situated on a 6,360 square foot lot. Its prime Downtown Miami location, in the Flagler St submarket cluster, offers high foot and car traffic, making it ideal for both office and retail spaces. Security features include 24-hour CCTV cameras and an access system. The building is conveniently connected to covered parking and benefits from on-site management and maintenance. The property is zoned commercial (APN: 0101120301020) and offers open-concept layouts, restrooms, and ample street parking. Miami's downtown development plans aim to transform Flagler Street into a vibrant boulevard, further enhancing this location's appeal. The owner is willing to customize space to meet specific tenant needs.

    Property Features for 28 Flagler St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,820 SF
    Class
    B
    Total Rate
    130935

    Building Details

    Year Built/Renovated
    1985/2015
    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    CONFERENCE 1-8
    Size
    700 SF
    Rate per SF
    $23
    Space
    PH-1
    Size
    4,959 SF
    Rate per SF
    $23
    Space
    300
    Size
    1,500 SF
    Rate per SF
    $24
    Space
    1200B
    Size
    2,000 SF
    Rate per SF
    $23
    Space
    510
    Size
    2,516 SF
    Rate per SF
    $24
    Space
    800
    Size
    4,400 SF
    Rate per SF
    $23
    Space
    600
    Size
    2,487 SF
    Rate per SF
    $23
    Space
    1200C
    Size
    1,750 SF
    Rate per SF
    $23
    Space
    1200a
    Size
    120 SF
    Rate per SF
    $28
    Space
    100A
    Size
    1,690 SF
    Rate per SF
    $30

    HighLights

    • 12‑story Class B office building at 28 W Flagler St, Miami, FL 33130, totaling 74,820 square feet.
    • Building features 8 suites with spaces ranging from 300 to 5,700 contiguous square feet; 10,000 square feet currently available. Renovated in 2015.
    • Prime Downtown Miami location on Flagler Street, offering high foot and car traffic, near Miami‑Dade Courthouse and Government Center.
    • Building amenities include three elevators, 50 parking spaces, 24‑hour security, on‑site management, and covered parking access from both West Flagler and SW 1st Street.
    • New ownership and management; owners will offer competitive lease terms. Generous broker commissions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Puntilla Record Company Szpitoys Wholesaler HJ Express Shippers Wholesaler Law Office of Natalia ... Attorney Choice Reporting Services ... Court Reporter

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.194223295543
    Latitude
    25.774152918838

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    FAQs

    What type of property is this?
    Office space - Downtown Miami office, flexible suites
    Where is this office space located?
    The property is located at 28 Flagler St Miami, FL.
    What is the lease rate?
    The lease rate is $23-$30 SF/Yr.
    What are key features of this property?
    This property features: 12-story Class B office building at 28 W Flagler St, Miami, FL 33130, totaling 74,820 square feet.; Building features 8 suites with spaces ranging from 300 to 5,700 contiguous square feet; 10,000 square feet currently available. Renovated in 2015.; Prime Downtown Miami location on Flagler Street, offering high foot and car traffic, near Miami-Dade Courthouse and Government Center.
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    28 Flagler St Miami, FL 33130
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    Miami, FL 33130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Flagler St Miami, FL 33130
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