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4585 W Flagler St - Redevelopment, Reuse, or Flagship Facility 7,440 SF Specialty Building Offered at $5,211,375 CAD in Miami, FL 33134
Investment Highlights
- Prime Hard Corner: Command a signalized intersection with ±31,500 ADT and ±175 linear feet of high-visibility frontage on W Flagler St
- Unrivaled Parking: Features 35+ dedicated private spaces, a critical and rare operational advantage in this high-density submarket.
- Strategic Location: Ideally situated just minutes from Miami, Coral Gables, and Coconut Grove
- High-Density Development: T5-L Urban Center zoning allows for 5 stories and up to 57 units by-right on a massive ±0.88-acre lot.
- Modernized CBS Asset: Robust ±9,114 SF masonry structure with a documented newer roof (late 2010s) and upgraded HVAC systems.
Executive Summary
A rare chance to acquire a landmark signalized corner at 4585 W Flagler Street. The ±38,542 SF footprint provides unrivaled visibility and access at the gateway to Coral Gables. Featuring a robust ±9,114 SF CBS structure and a rare 35+ space private parking lot, this asset is a "triple-threat" play for developers, owner-users, and value-add investors in one of Miami's most high-traffic east-west corridors (±31,500 ADT).
Direct Redevelopment: Capitalize on T5-L Urban Center zoning to develop a 5-story mixed-use or multi-family project with up to 57 residential units by-right.
Adaptive Reuse & Repositioning: Leverage the open CBS construction to create a flagship medical clinic, creative office hub, or modern retail center.
Turn-Key Institutional Use: An exceptional "plug-and-play" opportunity for churches, schools, or non-profits seeking a prominent community facility with significant on-site parking—a premium rarity in this submarket.
Location Highlights:
Situated on a signalized intersection with exceptional frontage, the property benefits from the ongoing Flagler Street Beautification Project, ensuring long-term appreciation
Direct Redevelopment: Capitalize on T5-L Urban Center zoning to develop a 5-story mixed-use or multi-family project with up to 57 residential units by-right.
Adaptive Reuse & Repositioning: Leverage the open CBS construction to create a flagship medical clinic, creative office hub, or modern retail center.
Turn-Key Institutional Use: An exceptional "plug-and-play" opportunity for churches, schools, or non-profits seeking a prominent community facility with significant on-site parking—a premium rarity in this submarket.
Location Highlights:
Situated on a signalized intersection with exceptional frontage, the property benefits from the ongoing Flagler Street Beautification Project, ensuring long-term appreciation
Property Facts
| Price | $5,211,375 CAD | Lot Size | 0.88 AC |
| Price Per SF | $571.80 CAD | Building Size | 9,114 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1947/2010 |
| Property Subtype | Religious Facility | Parking Ratio | 4.06/1,000 SF |
| Zoning | 6107 - Zoned T5-L: Allows 5 stories by-right. High-density mixed-use potential (65 DU/AC). Ideal for multi-family, retail, or office redevelopment. | ||
| Price | $5,211,375 CAD |
| Price Per SF | $571.80 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Lot Size | 0.88 AC |
| Building Size | 9,114 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2010 |
| Parking Ratio | 4.06/1,000 SF |
| Zoning | 6107 - Zoned T5-L: Allows 5 stories by-right. High-density mixed-use potential (65 DU/AC). Ideal for multi-family, retail, or office redevelopment. |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-4105-026-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,744,158 CAD |
Property Taxes
Parcel Number
01-4105-026-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,744,158 CAD
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4585 W Flagler St - Redevelopment, Reuse, or Flagship Facility
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