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1432-1436 W Flagler St
Miami, FL 33135
Flagler Street Assemblage · Retail Property For Sale · 12,170 SF Total

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INVESTMENT HIGHLIGHTS

  • Flagler Street Frontage
  • Prime Location
  • T6-8-O - Highest Density Zoning
  • Development Upside

EXECUTIVE SUMMARY

Flagler Street Assemblage – A rare opportunity to acquire a partially leased, income-producing retail assemblage located on Flagler Street, one of Miami’s most active and strategic commercial corridors. Situated in the heart of Little Havana, this ±12,000 SF site is positioned in a rapidly growing neighborhood surrounded by major employment centers, including Downtown Miami, Brickell, and the Health District.
The Site consists of Five storefront retail units, two spaces are currently leased to a dry cleaner and a variety store. Each paying $3,000/month, generating a total annual NOI of $65,500. This setup provides stable, diversified income with near-term upside potential. Zoned T6-8-O, the site allows for the development of up to 41 residential units by right and mixed-use up to 8 stories, making it an excellent candidate for future redevelopment while collecting strong in-place income. This is a prime opportunity for investors, developers, and land bankers to secure a well-positioned asset with cash flow today and development potential tomorrow.

PROPERTY FACTS

Price / SF $300.13 CAD / SF
Cap Rate 2.45%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 12,170 SF
Total Land Area 0.28 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1440 W Flagler St, Miami, FL 33135 Retail 7,600 SF 1955 -
1432-1436 W Flagler St, Miami, FL 33135 Retail 4,570 SF 1927 $1,860,745 CAD
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  • Listing ID: 36378345

  • Date on Market: 2025-06-24

  • Last Updated:

  • Address:

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