2335-2315 Flagler St Miami, FL 33135
This exceptional Class A office property, "Azule on Flagler," is situated on two adjacent lots totaling approximately 20,000 square feet at 2335-2315 W Flagler St, Miami, FL 33135. The property boasts 3,180 square feet of office space, divided into 61 units, and is currently vacant, presenting a unique opportunity for immediate occupancy or redevelopment. Built in 2025, the property benefits from a prime location in Miami, centrally located between West Brickell and the Miami River, offering 165 feet of potential frontage for mixed-use development. Its strategic position across from Miami High School on historic Flagler Street ensures high visibility and foot traffic. The property is fully entitled (2023), with approved plans, and is eligible for SB 102. The site is clean and ready for immediate development or occupancy. The asking price is $5,000,000. This investment presents a rare chance to acquire a high-quality, centrally located property with significant potential for both commercial and residential development in a thriving Miami neighborhood. The property's flexible zoning allows for a variety of uses, making it an ideal investment for discerning buyers seeking a strong return in a dynamic market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.