4600 Flagler St Coral Gables, FL 33134-1513
This exceptional Coral Gables retail property, located at 4600 W Flagler St, is offered at $445,000. The 1-story, 1945-built building boasts 100% occupancy as of October 31, 2023, presenting a strong immediate return on investment. Situated on a high-traffic section of West Flagler Street in Miami-Dade County, this property benefits from thousands of daily passersby, creating a unique opportunity in a market not seen for decades. The versatile interior and open spaces offer ample room for customization and remodeling to suit various business needs. A spacious rear open backyard adds to the property's appeal. A significant advantage is the grandfathered "FLAGPOST SIGNAGE" allowing for east-west exposure, generating potential additional income streams. The property is zoned for at least one floor, providing flexibility for future expansion or adaptation. Street parking is conveniently available across the street. With the recent arrival of a prominent soccer star and plans for a new stadium nearby, the property's future growth potential is exceptionally promising. This is a rare chance to acquire a prime commercial property in a thriving Coral Gables location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Coral Gables, FLCoral Gables. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.