4735 W Flagler Street, Miami, FL 33134
$4,700,000 · $623 per sq ft · Retail for sale
- Property type: Retail
- Asking price: $4,700,000
- Price per sq ft: $623
- Building size: 7,549 sq ft
- Lot size: 26,136 sq ft
- Zoning: 6100
- Year built: 1946
- Stories: 1
- Occupancy: 100%
- Parking spaces: 30
- Parcel ID: 0141060360020
- MLS#: A12065127
About this property
Fully occupied retail strip center with direct Flagler Street frontage in the expanding West Flagler submarket, minutes from Little Havana. Strong value add potential: in place rents are below market, five tenants are on month to month terms, and two leases expire in 2026, giving a new owner a clear path to reset rents. Additional upside available by converting gross leases to NNN and passing water and trash costs to tenants. Approximately 38,000 vehicles per day along Flagler provide excellent exposure, and small retail bays in this corridor stay in high demand with limited supply. Location may also support future redevelopment, including possible Live Local Act incentives. T6-8-O Zoning. Buyer to verify all information. Immediate cash flow with multiple ways to grow NOI in one of Miami's most established retail corridors.
Operating Statement
| Property taxes | $49,756/yr |
|---|
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.
About the Business at 4735 W Flagler Street
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Miami New Realty · manny@miaminewrealty.com · Listing agent: Madelin Estupinan
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 4735 W Flagler Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 4735 W Flagler Street
- How much is 4735 W Flagler Street?
- 4735 W Flagler Street is listed at $4,700,000, about $623 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 4735 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 4735 W Flagler Street?
- The listing reports 7,549 square feet of building.
- When was 4735 W Flagler Street built?
- 4735 W Flagler Street was built in 1946. 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.
- What are the property taxes on 4735 W Flagler Street?
- The listing reports annual property taxes of $49,756. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 4735 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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