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Retail/Mix Use 1523-1527 W Flagler st 2,160 SF 100% Leased Retail Building Miami, FL 33135 $4,848,235 CAD ($2,244.55 CAD/SF) 4.62% Cap Rate
Investment Highlights
- Prime W Flagler Street Location
- Potential Live Local Act Development Opportunity
- Ideal for Investors & Developers
- T6-8-O Zoning
- Minutes from Downtown Miami & Brickell
- High-Visibility Location with Strong Traffic Exposure
Executive Summary
1523–1527 W Flagler St, Miami, FL
An excellent opportunity to acquire a mixed-use commercial property along the highly traveled W Flagler Street corridor in Miami. The property is strategically positioned in an area with strong commercial and retail activity, providing convenient access to Downtown Miami, Brickell, and other key Miami neighborhoods.
The property is currently income-producing, offering investors the opportunity to generate revenue while evaluating its longer-term redevelopment potential.
Zoned T6-8-O, the site provides attractive flexibility for future development and may also qualify for incentives and increased development potential under Florida's Live Local Act, subject to applicable requirements and governmental approvals.
With its combination of existing income, prominent Flagler Street location, favorable zoning, and potential redevelopment opportunities, 1523–1527 W Flagler St represents a compelling investment opportunity in one of Miami's established urban corridors.
An excellent opportunity to acquire a mixed-use commercial property along the highly traveled W Flagler Street corridor in Miami. The property is strategically positioned in an area with strong commercial and retail activity, providing convenient access to Downtown Miami, Brickell, and other key Miami neighborhoods.
The property is currently income-producing, offering investors the opportunity to generate revenue while evaluating its longer-term redevelopment potential.
Zoned T6-8-O, the site provides attractive flexibility for future development and may also qualify for incentives and increased development potential under Florida's Live Local Act, subject to applicable requirements and governmental approvals.
With its combination of existing income, prominent Flagler Street location, favorable zoning, and potential redevelopment opportunities, 1523–1527 W Flagler St represents a compelling investment opportunity in one of Miami's established urban corridors.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,160 SF
Building Class
C
Year Built
1947
Price
$4,848,235 CAD
Price Per SF
$2,244.55 CAD
Cap Rate
4.62%
NOI
$224,079 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
T6-8-O - T6-8-O
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4102-006-0160 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $990,792 CAD |
Property Taxes
Parcel Number
01-4102-006-0160
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$990,792 CAD
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Retail/Mix Use | 1523-1527 W Flagler st
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