7600 W Flagler St 0.77 Acres of Commercial Land Offered at $9,317,897 in Miami, FL 33144

7600 W Flagler St - Multi Use – Units Site
0.77 Acres of Residential Land
Investment Highlights
1. Prime Location
2. Extremely High Trafficked Area
3. Shovel Ready
4. Land area: 33,870 SF (0,77 acres)
5. Zoning:
a. BU-1A - 6200 - COMMERCIAL – ARTERIAL
b. RU-2 5700 - DUPLEXES – GENERAL
6. Max Buildable:
7. Mixed-use Development Opportunity
8. Planned Community Urban Center
9. Build up to 4 stories

Executive Summary
Sigma Real Estate is pleased to offer a unique assemblage opportunity in Miami, Florida. This assemblages features a retail center as well as a mixed use building, featuring ground-floor offices and residential units above. This assemblage stands out as an attractive redevelopment opportunity in a rapidly growing and revitalizing neighborhood, ideal for investors seeking to capitalize on the growing demand for housing. Miami, in the heart of Miami, is nestled between Miami’s central business district and the Miami International Airport. This neighborhood, rich in history and cultural vibrancy, has attracted a diverse population and has become a focal point for social, cultural, and political activities. Recently, Miami has seen a surge of redevelopment and investment.
Property Facts
• Sale Conditions:
o Redevelopment Project
• Individually For Sale 1
• Sale Type:
o Investment
• Total Land Area:
o 0.77 AC
• Number of Properties:
o 4
Properties
Address Folio Size Year Built Property Type
7600 w Flagler St, Miami Fl. 33144 30-4002-008-0130 9,570 1974 COMMERCIAL: VACANT LAND
7600 w Flagler St, Miami Fl. 33144 30-4002-008-0093 5,050 1974 COMMERCIAL: VACANT LAND
7601 w Flagler St, Miami Fl. 33144 30-4002-008-0140 11,000 1974 VACANT RESIDENTIAL: VACANT LAND
29 SW 76th Ct, Miami, FL 33144 30-4002-008-0094 8,250 1974 MULTIFAMILY

Property Overview
The subject property is located directly off the palmetto Hwy. The property benefits from its prime location in a dense residential corridor and being surrounded by a myriad of amenities, retailers and transportation access. Nearby retailers include The Home Depot, Costco, Walmart Supercenter, CVS, Walgreens, Presidente Supermarket, Dollar Tree, Publix, Wawa Gas Stations, and more. Additionally nearby transportation includes three Metrorail stations, an Amrak station, a Tri-Rail Station and a Tri-Rail/Metrorail Transfer station.
Review pictures on presentation
3237 NW 7th Street presents a unique covered land opportunity, offering the potential to develop 35 units by right.
The property is zoned T68-0 Under Miami 21, one of the most liberal zoning codes in the area, allowing for a range of commercial uses including highdensity residential and mixeduse developments
The Offering
Sigma Real Estate is pleased to present a prime investment opportunity in Miami, Florida — a multitenant retail center with strong value-add and redevelopment potential. These elements position the property as a compelling investment in a neighborhood experiencing significant growth and revitalization, making it attractive to investors looking to tap into underutilized assets. Miami, in the heart of Miami, is nestled between Miami’s central business district and the Miami International Airport. This neighborhood, rich in history and cultural vibrancy, has attracted a diverse population and has become a focal point for social, cultural, and political activities. Recently, Miami has seen a surge of redevelopment and investment, transforming it into a bustling area where historic preservation and modern development converge.
Key Investment Highlights
Allows for a wide range of commercial and residential uses
35 buildable units by right
High-density, mixed-use zoning
Minutes from Downtown Miami
Access to major roadways
Executive Summary
• Overview:
o Four contiguous parcels totaling approximately 33,870 SF (0.78 acres) in Miami, Florida.
o Zoned partly BU-1A (Limited Business District) and RU-2 (Two-Family Residential).
o Ideal for multi-use redevelopment, including commercial, retail, mixed-use residential, or multifamily.
• Key Opportunity:
o High-traffic location off the Palmetto Expressway (State Road 826).
o Rare assemblage in a fast-growing urban corridor.
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Slide 3: Property Overview — Folios & Current Use
1. NE Lot
o Address: 7600 W Flagler St, Miami FL 33144
o Folio: 30-4002-008-0130
o Lot Size: 9,570 SF
o Zoning: BU-1A (Commercial – Arterial)
o Land Use (Appraiser): Commercial: Vacant Land
2. NW Lot
o Address: 7600 W Flagler St, Miami FL 33144
o Folio: 30-4002-008-0093
o Lot Size: 5,050 SF
o Zoning: BU-1A (Commercial – Arterial)
o Land Use (Appraiser): Commercial: Vacant Land
3. SE Lot
o Address: 7601 W Flagler St, Miami FL 33144
o Folio: 30-4002-008-0140
o Lot Size: 11,000 SF
o Zoning: RU-2 (Two-Family Residential)
o Land Use (Appraiser): Residential: Vacant Land
4. SW Lot
o Address: 29 SW 76th Ct, Miami FL 33144
o Folio: 30-4002-008-0094
o Lot Size: 8,250 SF
o Zoning: RU-2 (Two-Family Residential)
o Land Use (Appraiser): Multifamily (2 Living Units, built in 1974)
Aggregate Site Details:
• Total Acreage: ~0.78 acres
• Total Lot Size: 33,870 SF
• Asking Price (Combined): $9,317,891.49 (approx. $275.11/SF)
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Slide 4: Zoning & Development Potential
• Zoning Breakdown:
o BU-1A (Limited Business District)
? Allows a variety of commercial uses: retail, offices, limited service businesses.
? Potential for mixed-use or ground-floor commercial with upper-floor residential (subject to County approvals).
o RU-2 (Two-Family Residential District)
? Duplex or two-family residential uses allowed by right.
? Potential for subdividing if Code requirements are met (minimum frontage, lot area, setbacks, etc.).
? Can incorporate multifamily redevelopment, subject to Miami-Dade regulations.
• Development Notes:
o Attached Miami-Dade County zoning letters confirm each folio’s zoning designation.
o Any new construction must comply with County codes, concurrency rules, and any site-specific covenants or resolutions (e.g., Resolution No. Z-39-92, declarations of restrictions, etc.).
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Slide 5: Location & Market Drivers
• Strategic Positioning:
o Direct frontage on W Flagler St with immediate access to Palmetto Expressway (SR 826).
o Surrounded by national retailers (Home Depot, Costco, Walmart), pharmacies (CVS, Walgreens), and grocery/quick-serve (Publix, Presidente, Wawa).
• Transit & Access:
o Nearby Metrorail, Tri-Rail, and Amtrak stations; close to Miami International Airport.
o High population density corridor with strong demand for housing and commercial services.
• Growth & Legislation:
o Live Local Act (SB 102) provides incentives for affordable