1801 Flagler St Miami, FL 33135-1914

Property Details for 1801 Flagler St

Year built

1974

Construction

CONCRETE

Lot size

0.15 lot acres

Property size

3,780 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

01-4103-062-0010

APU

141030620010

Description

This exceptional investment opportunity presents a 3,780-square-foot retail storefront located at 1801 W Flagler St, Miami, FL 33135. The property, built in 1974 and situated on a 6,728-square-foot lot, features five units with 80% occupancy. All tenants are on month-to-month (MTM) leases, presenting immediate upside potential for investors seeking to increase rental income. The building boasts excellent visibility and accessibility, enhanced by seven on-site parking spaces. A recent 40-year recertification was completed in 2024, ensuring long-term structural integrity. This corner freestanding building benefits from high daily traffic counts exceeding 20,000 vehicles. Located in Little Havana, a rapidly developing neighborhood, the property is less than two miles from Downtown Miami and enjoys proximity to major attractions. The area's strong demographics include a population of 333,477 within a three-mile radius. The property is zoned T6-8-O and offers a unique owner-user opportunity, allowing a buyer to occupy the space for their own business. This is a prime retail investment in a high-growth area of Miami. The asking price is $1,250,000, resulting in a price per square foot of $330.69.