1527 W Flagler Street, Miami, FL 33135

$3,500,000 · $233 per sq ft · Retail for sale

  • Property type: Retail
  • Asking price: $3,500,000
  • Price per sq ft: $233
  • Building size: 15,000 sq ft
  • Lot size: 7,405 sq ft
  • Zoning: 6100
  • Year built: 1947
  • Net operating income: $161,765/yr
  • Cap rate: 4.6%
  • Parcel ID: 0141020060160
  • MLS#: A12093547
Photo 1 at 1527 W Flagler Street, MiamiPhoto 2 at 1527 W Flagler Street, MiamiPhoto 3 at 1527 W Flagler Street, Miami

About this property

1523–1527 W Flagler St, Miami, FLAn 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.

Operating Statement

Net operating income$161,765/yr
Cap rate at asking price4.6%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Floridian First Realty Corp · mgonzalez@flfirstrealty.com · Listing agent: Lais Same

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1527 W Flagler Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1527 W Flagler Street

How much is 1527 W Flagler Street?
1527 W Flagler Street is listed at $3,500,000, about $233 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 1527 W Flagler Street?
The listing reports net operating income of $161,765 a year, a cap rate of about 4.6% at the $3,500,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 1527 W Flagler Street zoned?
The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1527 W Flagler Street?
The listing reports 15,000 square feet of building.
When was 1527 W Flagler Street built?
1527 W Flagler Street was built in 1947. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 1527 W Flagler Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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