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11480 W Flagler St 1,575 SF 100% Leased Retail Building Miami, FL 33174 $5,623,100 ($3,570.22/SF)

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Investment Highlights

Prime 16,066 SQFT corner lot with outstanding redevelopment potential, ideal for residential use such as townhomes or a mid-rise multifamily project (

Executive Summary

Attention Investors & Developers! Exceptional land sale opportunity featuring a 16,066 sq. ft. corner lot at the highly trafficked intersection of Flagler St & 115th Ave. This prime parcel offers significant upside and redevelopment potential, making it an ideal acquisition for buyers seeking strong future returns. The property is currently owner-operated as an auto repair facility generating approximately $40,000 per month, providing immediate income while planning redevelopment. The business is not leased, allowing full flexibility for a new owner. Zoning and location support multiple high-demand uses, including apartments, townhomes, banks, or a gas station. Strategically located near the Florida Turnpike, Dolphin Mall, and Mall of the Americas, in a dense commercial and residential corridor with heavy daily traffic. Seller will address environmental remediation if required, and owner financing is available. This is a rare opportunity to acquire valuable land with strong profit potential in a rapidly growing area. Call for details and appointments.

Property Facts

Sale Type

Investment or Owner User

Sale Conditions

Business Value Included

Property Type

Retail

Property Subtype

Auto Repair

Building Size

1,575 SF

Building Class

Year Built

1966

Price

$5,623,100

Price Per SF

$3,570.22

Business Value

$1,800,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.10

Lot Size

0.37 AC

Zoning

C-1 - Prime 16,066 SQFT corner lot offering exceptional redevelopment potential. Ideal opportunity for "RESIDENTIAL" development, such as townhomes or a mid

Parking

19 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

116’ on W Flagler St

Dedicated Turn Lane

About 11480 W FLAGLER ST , MIAMI, FL 33174

Prime 16,066 SQFT corner lot offering exceptional redevelopment potential. Ideal opportunity for "RESIDENTIAL" development, such as townhomes or a mid-rise multifamily project of at least five stories, subject to zoning verification and municipal approval. The corner location provides excellent access, visibility, and design flexibility, allowing for efficient site planning and density optimization. Property is strategically located near major highways, including the Turnpike, close to retail destinations such as Dolphin Mall, and minutes from Miami International Airport. Currently operating as an income-producing mechanic shop with an established history; however, the highest and best use may be redevelopment. Seller is motivated and open to OWNER FINANCING!! Buyers to conduct their own due diligence regarding zoning, land use, and development potential. Call the listing Agent for appointments!!