For Sale
$1,250,000

1801 Flagler StMiami, FL 33135

Miami Storefront: 5 Units, High Growth

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,780-square-foot retail storefront located at 1801 W Flagler St, Miami, FL 33135. The property, built in 1974 and situated on a 6,728-square-foot lot, features five units with 80% occupancy. All tenants are on month-to-month (MTM) leases, presenting immediate upside potential for investors seeking to increase rental income. The building boasts excellent visibility and accessibility, enhanced by seven on-site parking spaces. A recent 40-year recertification was completed in 2024, ensuring long-term structural integrity. This corner freestanding building benefits from high daily traffic counts exceeding 20,000 vehicles. Located in Little Havana, a rapidly developing neighborhood, the property is less than two miles from Downtown Miami and enjoys proximity to major attractions. The area's strong demographics include a population of 333,477 within a three-mile radius. The property is zoned T6-8-O and offers a unique owner-user opportunity, allowing a buyer to occupy the space for their own business. This is a prime retail investment in a high-growth area of Miami. The asking price is $1,250,000, resulting in a price per square foot of $330.69.

Highlights

  • $1,250,000 asking price for a 3,780 SF retail storefront in Miami's Little Havana.
  • Five tenants on month-to-month leases, offering immediate upside potential for investors or owner-users.
  • Corner location with high visibility, access, and 7 on-site parking spaces.
  • Less than two miles from Downtown Miami.
  • 40-year recertification completed in 2024.
  • Located in a rapidly growing area with thousands of new multifamily units planned.

Property Details for 1801 Flagler St

Property type
Retail properties, Retail space
Square Feet
3,780 SF
Year Built
1974
Buildings
1
Stories
1
Units
5

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.77276947
Longitude
-80.22482858
1801 Flagler St, Miami, Florida

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1801 Flagler St
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