Corner Retail Space with
For Sale
Contact for pricing
900 W Flagler St, Miami, FL 33130
Compact commercial suite with double-height ceilings, a private bath, central air conditioning, and customer parking at the storefront.
Property Size5,592 SF
Price / SF$3.76
Days on Market56
Property Features for 900 W Flagler St
General Information
Standard status
Active
Size
5,592 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Public Transit
Yes
Amenities
double-height ceilings
private bath
central a/c
hurricane shutters
gated parking lot
Building Details
Building Size
5,592 SF
Year Built
1985
Listing Agency:
IMS Consulting & Management
Listed By:
Israel Salabarria · License #0534171
(305) 389-4996
Source:
Allyandaj
Added: Aug 26
Changed: Oct 20
Last Checked: Oct 19 at 4:52PM
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 IMS Consulting & Management
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Investment Insights
Based on property information with market context.
Located at 900 W Flagler Street, Suite 3, this 531-square-foot retail space occupies a corner position at W Flagler Street and SW 9th Avenue. The suite features double-height ceilings, a private bathroom, central air conditioning, hurricane shutters, and a gated parking lot immediately in front of the space.
The property sits along a commercial corridor with stated pedestrian and vehicle traffic, signage opportunities, and access to transit. Walk Score is 94, Transit Score is 50, and Bike Score is 57. Adjoining spaces are also available, creating the ability to assemble more than 5,000 contiguous square feet for a larger operation such as adult day care.
The property sits along a commercial corridor with stated pedestrian and vehicle traffic, signage opportunities, and access to transit. Walk Score is 94, Transit Score is 50, and Bike Score is 57. Adjoining spaces are also available, creating the ability to assemble more than 5,000 contiguous square feet for a larger operation such as adult day care.
Key Highlights
- 531 SF corner suite at 900 W Flagler Street and SW 9th Avenue
- Double‑height ceilings with private bath and central A/C
- Hurricane shutters included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,208,420
$3.2M
Cap Rate 7%
$2,291,729
$2.3M
Cap Rate 9%
$1,782,456
$1.8M
Market Conditions
NOI Build-Up for 5,592 SF
Gross rent
$251.6K $45.00/SF
− Vacancy
−$37.7K −$6.75/SF
EGI
$213.9K $38.25/SF
− OpEx
−$53.5K −$9.56/SF
NOI
$160.4K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,208,420
Cap Rate 7%
$2,291,729
Cap Rate 9%
$1,782,456
Alternative Uses
Best Use
Retail
$2.61M
$2.28M – $3.04M
NOI $182,443 @ 7.0% cap · market cap 868.78%
Second Best
Office B
$2.29M
$2.01M – $2.67M
NOI $160,421 @ 7.0% cap · market cap 763.91%
Theoretical Best
Specialty Retail
$3.77M
$3.30M – $4.40M
NOI $264,225 @ 7.0% cap · market cap 1,258.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,017
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Compact commercial suite with double-height ceilings, a private bath, central air conditioning, and customer parking at the storefront.
Where is this retail space located?
The property is located at 900 W Flagler St Miami, FL.
What are key features of this property?
This property features: 531 SF corner suite at 900 W Flagler Street and SW 9th Avenue; Double‑height ceilings with private bath and central A/C; Hurricane shutters included
