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Financial
Distress signals
Property profile

251 Flagler St Miami, FL 33131

OFF-MARKET
Community centers
Property ID
US18-5494924
91,127 SF 0.99 ac lot Built 1994
Last sale Jan 1994 · $711,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 30-yr Hold Held for 30 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of 2.51 acres of commercial land in Downtown Miami at 251 E Flagler St, featuring an existing 164,000-square-foot, three-story shopping center anchored by Marshalls. The site has approximately 250 linear feet of frontage on Flagler Street and extends along an entire city block frontage on NE 1st Street. The shopping center is supported by existing leases that include a demolition clause with a specified 180-day period for continued operations while redevelopment planning…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$411k
Tax billed · 2023
Assessed value$38.17M
Assessed land$30.10M
Assessed improvement$8.07M
Effective rate1.08%

Value estimate

· Oct 2026
$27.92M
$25.13M – $30.71M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$171 – $504

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6401:COMMERCIAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.4
Shoe Repair9.0
Bike Shop7.4

Location

251 Flagler St Miami, FL 33131-1301
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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