4735 W Flagler St, Miami, FL
About this property
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.
Property facts
- Sqft
- 7,549
- Year Built
- 1946
- Location
- Miami, FL 33134
- County
- Miami-Dade County
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 12.3 ft
- Hurricane evacuation zone
- Zone E
- Distance to the coast
- 3.7 mi
Sources: FEMA National Flood Hazard Layer (panel 12086C0294L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.