1535 Flagler StMiami, FL 33135

Property Details for 1535 Flagler St

Year built

1948

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

700 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Retail properties

Property subtype

Other automotive properties

APN

01-4102-006-0150

APU

141020060150

Description

This exceptional investment opportunity presents a well-established auto repair facility located at 1535 W Flagler St, Miami, FL 33135. The property boasts a 700 square foot building situated on a substantial 7,500 square foot lot, providing ample space for operations and parking. The single-story, 1948-built structure features one service bay equipped with four lifts, ideal for efficient vehicle servicing. Currently leased month-to-month at approximately $3,500 per month, this turnkey operation offers immediate cash flow potential. The T6-8-O zoning designation within Miami-Dade County's Urban Core opens doors for future development possibilities. The property's APN is 01-4102-006-0150. This Class C retail property represents a strong investment in a high-traffic area, offering both immediate income and long-term growth potential. The substantial lot size and existing infrastructure make this an attractive proposition for both seasoned investors and those new to commercial real estate. The property's strategic location in Miami ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a profitable, established business with significant upside potential. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $888,421

  6.5%

  $820,081

  7%

  $761,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $675,365

  Geo Method

  $675,365

• Alternative Use

  Use

  Valuation

  Residential

  $691,769

  Hospitality

  $633,657

  Educational

  $527,195

  Medical

  $545,326

  Retail

  $820,081

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7736

Longitude

-80.2205

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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