1927 Flagler StMiami, FL 33135

Property Details for 1927 Flagler St

Year built

1966

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

7,927 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

01-4103-013-0930

APU

141030130930

Description

This exceptional 7,900 square foot single-tenant office building is ideally situated at 1927 W Flagler Street in the vibrant heart of Miami's Little Havana neighborhood. Recently completing its 40-year recertification, this property boasts a complete remodel, presenting a turnkey opportunity for a variety of commercial uses. The building's zoning (6100) allows for a range of possibilities, including medical offices, general office space, and retail, making it highly versatile. Previously used as a childcare facility, the space is ready for immediate occupancy. Little Havana's strategic location offers unparalleled access to Miami's major employment centers, benefiting from excellent public transportation, walkability, and a rich cultural atmosphere. The area is experiencing significant growth, with new residential developments attracting a larger population and driving increased retail activity. This presents a unique investment opportunity in a thriving and dynamic neighborhood. The property's APN is 01-41-03-013-0930. This is a single-suite building in Miami, Florida (zip code 33135) with excellent potential for a discerning buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $6,844,040

  6.5%

  $6,317,575

  7%

  $5,866,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,034,931

  Geo Method

  $3,034,931

• Alternative Use

  Use

  Valuation

  Residential

  $7,833,793

  Hospitality

  $7,175,712

  Educational

  $5,970,108

  Medical

  $6,175,430

  Retail

  $9,286,835

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.773

Longitude

-80.2275

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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