1801 W Flagler St | Miami, FL 33135
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1801 W Flagler St
Miami, FL 33135
West Flagler Owner User Opportunity · Retail Property For Sale
Investment Highlights
- All Tenants Are MTM Allowing for Immediate Upside For Investors, or the Ability for a Buyer to Use It for Their Own Business.
- Less Than 2 Miles from Downtown Miami.
- Located in one of Miami's fastest growing neighborhoods, Little Havana, w/ thousands of multifamily units expected to be delivered in the coming years
- Corner Free Standing Building with great visibility & access. 7 on site private parking spaces.
- 40 Year Recertification completed in 2024.
- Population of 333,477 Within a 3-Mile Radius | Approximately 20,000 Vehicles Per Day.
Executive Summary
Marcus & Millichap is pleased to present for sale this retail asset located at 1801 West Flagler Street in Miami’s Little Havana Neighborhood. This property consists of 3780 SF of building sitting on a 6,728 SF parcel, situated on the corner of 18th and Flagler the property benefits from great visibility, private parking lot, and Easy access.
This property is exposed to traffic counts of over 20,000 vehicles per day. 1801 W Flagler Street is strategically located in the heart of Miami less than 10 minutes from major attractions such as Marlins Park, Downtown Miami, Calle Ocho, and home of the Miami Heat - the Kaseya Center. This site consists of 4 tenants that are all on MTM leases paying below market rent. This allows for investors to immediately add value, by raising rents to market or a unique opportunity for an owner user to occupy the building.
Little Havana is one of the fastest growing neighborhoods in all of Miami with thousands of multifamily units predicted to be completed within the coming years. Additionally, Little Havana boast over 315,000 people within a 3-mile radius, and Jackson Health Systems employs over 10,500 people.
This property is exposed to traffic counts of over 20,000 vehicles per day. 1801 W Flagler Street is strategically located in the heart of Miami less than 10 minutes from major attractions such as Marlins Park, Downtown Miami, Calle Ocho, and home of the Miami Heat - the Kaseya Center. This site consists of 4 tenants that are all on MTM leases paying below market rent. This allows for investors to immediately add value, by raising rents to market or a unique opportunity for an owner user to occupy the building.
Little Havana is one of the fastest growing neighborhoods in all of Miami with thousands of multifamily units predicted to be completed within the coming years. Additionally, Little Havana boast over 315,000 people within a 3-mile radius, and Jackson Health Systems employs over 10,500 people.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,780 SF
Building Class
C
Year Built
1974
Price
$1,250,000
Price Per SF
$331
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.15 AC
Zoning
T6-8-O - 6-8 floors of office
Frontage
77 FT on W Flagler St
Amenities
- Corner Lot
PROPERTY TAXES
| Parcel Number | 01-4103-062-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $727,657 |
PROPERTY TAXES
Parcel Number
01-4103-062-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$727,657
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