1873 Flagler St Miami, FL 33135-1976
Property profile & analytics
1873 Flagler St Miami, FL 33135-1976
- Retail residential properties
- 3,564 SF
- 0.20 lot acres
Property ID
US18-2360962
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.
Location Intelligence
Current Use by Public Records
- Dominican unixes Barber Shop / Hair Salon
- Southern Msusa Inc / Medical Clinic
- Las gemelasdolarstore / Company Registry
Property Details for 1873 Flagler St
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.20 lot acres
- Property size
- 3,564 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Retail residential properties
- APN
- 01-4103-013-1110
- APU
- 141030131110
Description
This exceptional mixed-use property, located at 1873 W Flagler St in Miami, Florida, presents a compelling investment opportunity. Built in 1949, this building comprises two commercial units and eight residential units, seven of which are one-bedroom, one-bathroom apartments, and one is a two-bedroom, two-bathroom unit. The property currently generates a monthly income of $11,195. Situated in the heart of Little Havana on the vibrant Flagler Street commercial corridor, this asset benefits from excellent transit connectivity and walkability. The underlying T68O zoning allows for high-density redevelopment, offering various options including up to 150 dwelling units per acre, 29 residential units, or 59 hotel keys, with potential for even greater density under SB102. Below-market rents provide significant value-add potential. The property's location within a rapidly developing area, characterized by new residential projects and increased retail activity, ensures strong future growth prospects. This is an ideal investment for those seeking exposure to Miami's thriving real estate market, benefiting from its central location near major employment centers and the rich cultural amenities of Little Havana. The asking price for this remarkable property is $1,450,000. The zip code is 33135.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,295,000
- 7%
- $1,205,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,725,000 Current use
- MEDICAL BUILDING
- $1,565,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2263
- Latitude
- 25.773
- 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
$18,568
$865,000
$203,042
$1,068,042
-
$865,000
$203,042
$1,068,042
