Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    606 Flagler St Miami, FL 33130

    • Office buildings
    • 8,521 SF
    • 0.23 lot acres
    For Sale
    View listing
    $18,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-5404252
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Seybold Zsuzsanna V MD / Doctor
    • Fox Medical Centers: Dr. Gregory Fox, MD / Family Practice Physician
    • Dr. Gem Jagmohan / Family Practice Physician
    • Physicians Associates: Chamorro Emiliano J MD / Doctor
    • Physicians Associates: Caso Jorge T MD / Doctor

    Property Details for 606 Flagler St

    Year built
    1968
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    8,521 SF
    Zone code
    6110:COMM/RES-DESIGN DIST
    Property type
    Office buildings
    APN
    01-0201-030-1010
    APU
    102010301010

    Description

    This exceptional 1.82-acre assemblage in Miami, Florida, presents a unique investment opportunity. Located at 606 W Flagler St, this property boasts 79,487 square feet and is comprised of eleven contiguous parcels spanning a full block, from W Flagler Street to SW 1st Street. The site benefits from a T6-12-O zoning designation, allowing for a diverse range of uses including high-density multifamily, hotel, retail, and office development. As of right, the zoning permits 274 multifamily units, with potential for expansion to over 342 units under the Live Local Act. The property's strategic location offers easy access to major highways and is in close proximity to Downtown Miami (0.4 miles), Brickell (0.6 miles), and the Miami River (0.15 miles). Multiple ingress and egress points via W Flagler Street, SW 1st Street, and SW 6th Avenue enhance accessibility. The site's ease of development is further enhanced by the absence of inferior zoning on abutting parcels. Current market rents in the Little Havana submarket exceed $3.50 per square foot for newer construction, with vacancy rates below 3.5%. The asking price for this prime development site is $18,000,000, translating to $226.45 per square foot. The property is currently vacant.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2046
    Latitude
    25.7736
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,084
    $1,999,200
    $584,771
    $2,583,971
    -
    $1,999,200
    $584,771
    $2,583,971

    Comparable in this City

    • Value Estimation by Request
      20 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 20 SF
      40 13th St, Miami, FL 33130-4311
      View Details
    • Value Estimation by Request
      16 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 16 SF
      40 13th St, Miami, FL 33130-4311
      View Details
    • Value Estimation by Request
      16 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 16 SF
      40 13th St, Miami, FL 33130-4311
      View Details
    • Value Estimation by Request
      16 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 16 SF
      40 13th St, Miami, FL 33130-4311
      View Details
    • Value Estimation by Request
      20 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 20 SF
      40 13th St, Miami, FL 33130-4311
      View Details
    • Value Estimation by Request
      16 SF

      40 13th St, Unit #

      OFFICE BUILDING (MULTI-STORY) • 16 SF
      40 13th St, Miami, FL 33130-4311
      View Details

    Similar Nearby for Sale

    • $15,000,000

      Flagler Street Office Building

      Office building for sale on West Flagler Street.
      606 W Flagler St, Miami, FL 33130
      View Details
    • Contact for pricing

      Spacious Two-Story Office Building

      Two-story office building with parking lot and mid-century modern charm.
      529 W Flagler St, Miami, FL 33130
      View Details
    • $5,000,000

      Renovated Office Building Near Courthouse

      Two-story, 3,200 SF renovated office building in prime location.
      16 SW 1St Ave, Miami, FL 33130
      View Details
    • Contact for pricing
      11,661 SF

      Development Site in Little Havana

      Prime development site with flexible zoning in Miami's Little Havana.
      300 Nw 12Th Ave, Miami, FL 33130
      View Details
    • $1,210,000

      Modern Office with Brickell View

      Spacious, modern office in West Brickell with excellent access.
      175 SW 7Th St, Miami, FL 33130
      View Details
    • $865,000

      Class A Office Near Brickell

      Class A office space with reception and four offices near Brickell.
      175 SW 7Th St, Miami, FL 33130
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      266,697 SF

      Downtown Miami Office Building

      29-story office building in Miami's legal district for rent.
      150 W Flagler St, Miami, FL 33130
      View Details
    • $900 /Mo

      Professional Office Space in Miami

      Professional office space available with city views and conference room.
      420 SW 7Th St, Miami, FL 33130
      View Details
    • $77 SF/Yr
      1,543 SF

      Downtown Office Suite - Move-In Ready

      Modern, furnished office; 1,543 sq ft + 1,000 sq ft terrace.
      175 7Th St, Miami, FL 33130
      View Details
    • $0.41 SF/Yr
      230,000 SF

      Latitude One Office Condo, Miami

      Prime Brickell Office Space, 230,000 sq ft
      175 7Th St, Miami, FL 33130
      View Details
    • $57 SF/Yr
      Pending

      Corner Office Space with Views

      Office space with views of Miami and Brickell city center.
      175 SW 7Th St, Miami, FL 33130
      View Details
    • $569 /Mo

      Professional Office Space in Miami

      58 square foot office space available near Brickell area.
      420 SW 7Th St, Miami, FL 33130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    606 Flagler St
    Miami, FL 33130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.