4800 W Flagler St Coral Gables, FL 33134
For Lease
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Flagler Plaza, located at 4800 W Flagler St, Coral Gables, FL 33134, presents a unique investment opportunity. This single-story, 21,993 square foot building, constructed in 1992, sits on a 0.34-acre lot and offers a diverse range of space options suitable for traditional office, executive suites, coworking, and medical practices. Currently, 6,250 square feet of space is available, with individual units ranging from 750 to 1,500 square feet. The building features a convenient elevator, 21 parking spaces (a 0.96 ratio), and is zoned C-1 Miami. Its prime location on West Flagler Street, at the corner of 48th Avenue, ensures high visibility and exposure to over 75,000 cars daily. The building's design includes retail storefront space on the first floor and office space on the second floor, providing excellent opportunities for businesses seeking high-traffic exposure. The property's versatile nature makes it ideal for a variety of professional uses, including medical, accounting, or other similar businesses. This is a rare opportunity to secure a well-located, established property in a thriving Miami market.
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.