Retail in 4735 W Flagler St Miami for sale with MLS# A11929934
Retail strip center in the growing West Flagler submarket, just minutes from Little Havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants. Highlights: Redevelopment Potential: Ideal for Live Local Act incentives. Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026. High Demand: Small retail spaces in the area are highly sought after. Prime Location: Flagler Street frontage with 38,000 vehicles daily. This property offers immediate cash flow and strong growth potential-an exceptional investment opportunity.
4735 W Flagler St, Miami, FL 33134
- Price:
- $5,300,000.00
- Original List Price:
- $5,300,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- MLS Number:
- A11929934
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- December 23, 2025 10:49 am
- Built-Up Area:
- 7,549 Sqft
- Lot Area:
- 25,928 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Year Built:
- 1946
- Year Built Details:
- Resale
- Number of Buildings:
- 1
- Number of Units Total:
- 7
- Levels:
- One
- Structure Type:
- Retail
- Stories:
- 1
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $49,756.00
- Parking Total Spaces:
- 30
- Covered Spaces:
- 0
- Parking Features:
- Free Parking, Accessible Parking
- Senior Community:
- No
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- PARKERS FLAGLER HEIGHTS PB 18-32 LOTS 5 THRU 12 BLK 1 LOT SIZE 25928 SQ FT OR 18774-0020 0899 1
- Real Estate Folio Number (Parcel Number):
- 01-41-06-036-0020
- Zoning Description:
- 6100
- Originally published on:
- December 23, 2025 10:49 am
- Active on the market since:
- December 23, 2025
- Price change occurred on:
- December 12, 2025 2:47 pm
- Listing Status Last Changed On:
- December 23, 2025 10:49 am
- Photos updated on:
- December 23, 2025 4:10 pm
- Last Modified:
- April 8, 2026 3:03 pm
- Property Description:
- Commercial Retail
- Flood Zone:
- X
- Municipal Code:
- 1
- Subdivision Number:
- 36
- Courtesy of:
- First Service Realty ERA
- Attribution:
- Not provided
- Street Name:
- Flagler St
- Street Number:
- 4735
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33134
- County:
- Miami-Dade
- Latitude:
- N25° 46' 18.3''
- Longitude:
- W81° 43' 40''
- Street Direction Prefix:
- W
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
