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Property profile & analytics
OFF-MARKET Estimated value $1,260,000
Retail properties & Spaces

1798 Flagler St Miami, FL 33135-2017

4,930 SF 0.14 ac lot Built 1938
Entity Owned ~ Est. High Equity
Property ID
US18-5344816
Property summary
AI-generated overview

This exceptional 4,930 square foot storefront at 1798 W Flagler St, Miami, FL 33135, presents a remarkable investment opportunity in the vibrant Little Havana neighborhood. Located in a high-traffic area with strong pedestrian and vehicular flow, this mixed-use property offers immense potential for a variety of businesses. The building sits on a 6,100 square foot lot and includes four parking spaces, a significant advantage in this location. Currently zoned 6100, the property allows for diverse uses, including retail, restaurant, and self-storage. The asking price is $1,850,000, translating to $375.25 per square foot. The spacious interior provides a blank canvas for a new business, allowing for complete customization to suit specific needs. Its proximity to Loan Depot Park further enhances its appeal and accessibility. This is an ideal opportunity for entrepreneurs seeking a high-visibility location in a rapidly growing area, benefiting from the influx of businesses relocating from higher-priced areas near the bay and beach. The property is available immediately. Previously used as a repair shop (non-automotive), the space is ready for its next chapter.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1938
Construction CONCRETE
Total area 4,930 SF
Lot 0.14 ac (6,100 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-4103-014-0110
UPID US18-5344816
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.26M
Owner & transaction history
El Chalecito Restaurant INC
El Chalecito Restaurant INC
since 2025
Last sale
$1.3M
5 recorded transactions
2025
$1.3M
2020
Price N/A
2019
$100
2006
$175,800
2003
Price N/A
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.8M +10.0%
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