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200 Flagler 200 E Flagler St 48,205 SF 43% Leased Retail Building Miami, FL 33131 For Sale
Investment Highlights
- Historic landmark: 1936/37 Walgreens Building; National Register of Historic Places
- Multi-level concept: Floors 1–3 food hall, Floors 4–5 office/coworking, rooftop, basement speakeasy/music bar
- Upside / incentives: 10-year historic tax abatement + remaining TDD/TDR potential
- 2024 repositioning: renovated + reintroduced as food hall & entertainment destination
- Prime Downtown Miami corner: E Flagler St & SE 2nd Ave; Walk Score 96 / Transit Score 100
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
• PRIME FLAGLER STREET FRONTAGE IN THE HEART OF DOWNTOWN MIAMI, STEPS FROM BAYFRONT PARK, BRIGHTLINE, BRICKELL, AND MAJOR TOURIST DESTINATIONS DRIVING CONSTANT DAILY FOOT TRAFFIC • ICONIC, IRREPLACEABLE HISTORIC BUILDING (1936) OFFERING UNMATCHED ARCHITECTURAL CHARACTER THAT ELEVATES BRAND PRESENCE AND CUSTOMER EXPERIENCE • TURNKEY F&B AND RETAIL INFRASTRUCTURE WITH EXISTING COMMERCIAL KITCHENS, BAR BUILD-OUTS, AND MODERN SYSTEMS—IDEAL FOR RESTAURANTS, HOSPITALITY, OR EXPERIENTIAL CONCEPTS • MULTIPLE FLOORS DELIVERABLE VACANT, PROVIDING TENANTS FLEXIBILITY TO DESIGN, BRAND, AND OPEN QUICKLY WITH MINIMAL DOWNTIME • POSITIONED WITHIN A $30M FLAGLER STREET STREETSCAPE REVITALIZATION, TRANSFORMING THE CORRIDOR INTO DOWNTOWN’S PREMIER PEDESTRIAN RETAIL AND DINING DESTINATION • SURROUNDED BY EXPLOSIVE POPULATION AND TOURISM GROWTH, BENEFITING FROM A TRUE 24/7 CONSUMER BASE OF RESIDENTS, OFFICE WORKERS, HOTEL GUESTS, AND CRUISE PASSENGERS
• TURNKEY ROOFTOP RESTAURANT OPPORTUNITY – FULLY BUILT-OUT F&B SPACE IN THE HEART OF DOWNTOWN MIAMI •1 30 TOTAL SEATS – 70 INTERIOR + 60 EXTERIOR WITH BREATHTAKING SKYLINE VIEWS • FULLY EQUIPPED KITCHEN LAYOUT – INCLUDES WALK-IN COOLERS, DISHWASHER ROOM, SERVICE ZONES, AND OUTDOOR BAR • LOCATED IN MIAMI’S FLAGLER DISTRICT – SURROUNDED BY BRIGHTLINE, BAYSIDE, KASEYA CENTER, AND MIAMI WORLDCENTER • HIGH VISIBILITY & FOOT TRAFFIC – BENEFIT FROM THE FLAGLER STREET REDEVELOPMENT AND NEARBY CULTURAL LANDMARKS • TWO ADA-COMPLIANT RESTROOMS – FAMILY AND UNISEX RESTROOMS WITH STYLISH FINISHES • PERFECT FOR ELEVATED CONCEPTS – IDEAL FOR ROOFTOP DINING, LOUNGES, OR EXPERIENTIAL HOSPITALITY BRANDS
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,296 SF | Restaurant | - | Now |
| 2nd Floor | 7,112 SF | Restaurant | - | Now |
| 3rd Floor | 7,083 SF | Restaurant | - | Now |
| Rooftop | 4,826 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 8,296 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 7,112 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 7,083 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Rooftop
| Size |
| 4,826 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 8,296 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
• PRIME FLAGLER STREET FRONTAGE IN THE HEART OF DOWNTOWN MIAMI, STEPS FROM BAYFRONT PARK, BRIGHTLINE, BRICKELL, AND MAJOR TOURIST DESTINATIONS DRIVING CONSTANT DAILY FOOT TRAFFIC • ICONIC, IRREPLACEABLE HISTORIC BUILDING (1936) OFFERING UNMATCHED ARCHITECTURAL CHARACTER THAT ELEVATES BRAND PRESENCE AND CUSTOMER EXPERIENCE • TURNKEY F&B AND RETAIL INFRASTRUCTURE WITH EXISTING COMMERCIAL KITCHENS, BAR BUILD-OUTS, AND MODERN SYSTEMS—IDEAL FOR RESTAURANTS, HOSPITALITY, OR EXPERIENTIAL CONCEPTS • MULTIPLE FLOORS DELIVERABLE VACANT, PROVIDING TENANTS FLEXIBILITY TO DESIGN, BRAND, AND OPEN QUICKLY WITH MINIMAL DOWNTIME • POSITIONED WITHIN A $30M FLAGLER STREET STREETSCAPE REVITALIZATION, TRANSFORMING THE CORRIDOR INTO DOWNTOWN’S PREMIER PEDESTRIAN RETAIL AND DINING DESTINATION • SURROUNDED BY EXPLOSIVE POPULATION AND TOURISM GROWTH, BENEFITING FROM A TRUE 24/7 CONSUMER BASE OF RESIDENTS, OFFICE WORKERS, HOTEL GUESTS, AND CRUISE PASSENGERS
2nd Floor
| Size | 7,112 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
3rd Floor
| Size | 7,083 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Rooftop
| Size | 4,826 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
• TURNKEY ROOFTOP RESTAURANT OPPORTUNITY – FULLY BUILT-OUT F&B SPACE IN THE HEART OF DOWNTOWN MIAMI •1 30 TOTAL SEATS – 70 INTERIOR + 60 EXTERIOR WITH BREATHTAKING SKYLINE VIEWS • FULLY EQUIPPED KITCHEN LAYOUT – INCLUDES WALK-IN COOLERS, DISHWASHER ROOM, SERVICE ZONES, AND OUTDOOR BAR • LOCATED IN MIAMI’S FLAGLER DISTRICT – SURROUNDED BY BRIGHTLINE, BAYSIDE, KASEYA CENTER, AND MIAMI WORLDCENTER • HIGH VISIBILITY & FOOT TRAFFIC – BENEFIT FROM THE FLAGLER STREET REDEVELOPMENT AND NEARBY CULTURAL LANDMARKS • TWO ADA-COMPLIANT RESTROOMS – FAMILY AND UNISEX RESTROOMS WITH STYLISH FINISHES • PERFECT FOR ELEVATED CONCEPTS – IDEAL FOR ROOFTOP DINING, LOUNGES, OR EXPERIENTIAL HOSPITALITY BRANDS
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-0112-000-1030 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $10,171,010 CAD |
Property Taxes
Presented by
200 Flagler | 200 E Flagler St
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