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Fortuna Shoppes 4735 W Flagler St 7,549 SF Retail Building Coral Gables, FL 33134 $7,327,250 CAD ($970.63 CAD/SF)

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EXECUTIVE SUMMARY

Retail strip center in the growing West Flagler submarket, Ideal for owner use just minutes from Little Havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, leased for 25% less than current market rates, the Property represents a rare value-add retail opportunity of considerable scale in South Florida, one of the best retail markets in the United States with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants. Highlights: Redevelopment Potential: Ideal for Live Local Act incentives. Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026. High Demand: Small retail spaces in the area are highly sought after. Prime Location: Flagler Street frontage with 38,000 vehicles daily. This property offers immediate cash flow and strong growth potential—an exceptional investment opportunity.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,549 SF
Building Class
C
Year Built
1946
Price
$7,327,250 CAD
Price Per SF
$970.63 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.59 AC
Zoning
T6-8-0 - Urban Core Transect Zone
Parking
30 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
187’ on W Flagler St

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
Walk Score®
Very Walkable (71)
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.®

NEARBY MAJOR RETAILERS

Starbucks
Presidente Supermarket
Boston Market
Regions Bank
Sedano's
IHOP
Checkers
Storagemart
Bank of America
Outback Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4106-036-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,391,140 CAD
  • Listing ID: 34616637

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 4735 W Flagler St, Coral Gables, FL 33134

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