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.

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4735 W Flagler St, Miami, FL 33134

Price
Price:
$5,300,000.00
Original List Price:
$5,300,000.00
Property Status and Type
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
Measures
Built-Up Area:
7,549 Sqft
Lot Area:
25,928 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
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
Taxes and Expenses
Tax Annual Amount:
$49,756.00
Parking
Parking Total Spaces:
30
Covered Spaces:
0
Parking Features:
Free Parking, Accessible Parking
Community
Senior Community:
No
Terms
Occupant Type:
Tenant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
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
Listing History
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
Additional Information
Property Description:
Commercial Retail
Flood Zone:
X
Municipal Code:
1
Subdivision Number:
36
Courtesy of:
First Service Realty ERA
Attribution:
Not provided
Location
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
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,009
Median Home Value $660,200
Median Rent $1,818/mo
Median Age 46
Population 36,937

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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 by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.