Retail in 4735 W Flagler Street, Miami, FL 33134 for sale with MLS# A12065127

Fully occupied retail strip center with direct Flagler Street frontage in the expanding West Flagler submarket, minutes from Little Havana. Strong value add potential: in place rents are below market, five tenants are on month to month terms, and two leases expire in 2026, giving a new owner a clear path to reset rents. Additional upside available by converting gross leases to NNN and passing water and trash costs to tenants. Approximately 38,000 vehicles per day along Flagler provide excellent exposure, and small retail bays in this corridor stay in high demand with limited supply. Location may also support future redevelopment, including possible Live Local Act incentives. T6-8-O Zoning. Buyer to verify all information. Immediate cash flow with multiple ways to grow NOI in one of Miami's most established retail corridors.

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Days on the market

4735 W Flagler Street, Miami, FL 33134

Price
Price:
$5,100,000.00
Original List Price:
$5,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$675.58
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
New Listing
Last Major Update on:
August 4, 2026 4:00 am
Measures
Built-Up Area:
7,549 Sqft
Lot Size Acres:
0.6
Construction
Year Built:
1946
Number of stories:
1
Structure Type:
Retail
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$49,756.00
Parking
Parking Total Spaces:
30
Parking Features:
Free
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Owner Will Carry Points, Other
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):
0141060360020
Zoning:
6100
Listing History
Active on the market since:
August 4, 2026
Listing Agreement executed on:
August 4, 2026
Listing Status Last Changed On:
August 4, 2026 4:00 am
Photos updated on:
August 5, 2026 12:04 am
Last Modified:
August 5, 2026 12:04 am
Additional Information
Courtesy of:
Miami New Realty
Attribution:
Not provided
Location
Street Name:
Flagler
Street Number:
4735
City:
Miami
State:
Florida
Zip Code:
33134
County:
Miami-Dade
Latitude:
N25° 46' 18.3''
Longitude:
W81° 43' 39.2''
Street Suffix:
Street
Street Direction Prefix:
W
Property Map

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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) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 4735 W Flagler Street, Miami, FL 33134
Association of REALTORS®
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.