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1432-1436 W Flagler St 4,570 SF 100% Leased Retail Building Miami, FL 33135 $1,350,000 ($295.40/SF)
INVESTMENT HIGHLIGHTS
- Underlying T-6-8-O zoning allows for future development of a mixed use, up to 8 story building.
EXECUTIVE SUMMARY
Little Havana Two Bay Retail Site. Two Retail storefronts on Flagler, one of Miami’s most important commercial corridors. Property is in LittleHavana, a vibrant and rapidly developing core neighborhood surrounding by all the major economic and employment engines of our city. Property’s location in little Havana means you are guaranteed consistent and robust tenancy, rent growth, and value growth. Two tenants, providing for more diversified income. One tenant is a dry cleaner, the other is a variety store, each rented for $3k, for $72k yearly gross.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,570 SF
Building Class
C
Year Built
1927
Price
$1,350,000
Price Per SF
$295.40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.14 AC
Zoning
SD-14 - Commercial Business
Frontage
50’ on W Flagler St
AMENITIES
- 24 Hour Access
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- El Mundo Newspaper Inc
- Information
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| El Mundo Newspaper Inc | Information | - | - | - |
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-4102-006-0560 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $872,242 |
PROPERTY TAXES
Parcel Number
01-4102-006-0560
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$872,242
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1432-1436 W Flagler St
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