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37 Units Mix Use $168K per door 1274 W Flagler St 37 Unit Apartment Building $8,724,500 CAD ($235,797 CAD/Unit) 6.60% Cap Rate Miami, FL 33135

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INVESTMENT HIGHLIGHTS

  • Renovated 37-unit mixed-use property (30 apartments + 7 retail)
  • 40/50-year recertification pending completion
  • Favorable unit mix: 27 studios, 3 one-bedrooms, 7 retail units
  • 98% occupied with immediate cash flow
  • Premier corner at W Flagler St & 12th Ave
  • $168,000 Per Door

EXECUTIVE SUMMARY

37-unit mixed-use property @ $168K per door! consisting of a 30-unit apartment building plus 7 ground-floor retail units. With a 40/50-year recertification in place, this is a rare turnkey opportunity offering immediate cash flow and long-term upside.
Positioned at the signalized corner of W Flagler Street and 12th Avenue, one of Miami’s premier commercial intersections, the property benefits from unmatched visibility and accessibility. The favorable unit mix of 27 studios, 3 one-bedroom units, and 7 retail spaces ensures a diversified and stable income.
Located just minutes from Brickell, South Florida’s top financial district, and blocks from Calle Ocho, the cultural hub of Miami’s Latin community, this property sits in one of the city’s highest-demand rental markets with historically low vacancy rates.

PROPERTY FACTS

Price $8,724,500 CAD
Price Per Unit $235,797 CAD
Sale Type Investment
Cap Rate 6.60%
No. Units 37
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 17,841 SF
No. Stories 3
Year Built/Renovated 1926/2021
Zoning T6-12-O - T6-12-O

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 7 - -
Studios 27 - -
1+1 3 - -
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4102-006-0700
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,973,869 CAD
  • Listing ID: 34800837

  • Date on Market: 2025-02-12

  • Last Updated:

  • Address: 1274 W Flagler St, Miami, FL 33135

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