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1901 W Flagler St 10,027 SF 100% Leased Retail Building Miami, FL 33135 $5,000,000 ($498.65/SF)
Executive Summary
Global Investments Realty is pleased to offer the rare opportunity to acquire a neighborhood strip center, and adjacent property (1917 W Flagler ST), both fronting West Flagler. Combined Building SF - 11,614. Combined Lot - 25,590 SF.
Owner occupant (laundry) currently accounts for 50% of the building. The balance is occupied by long term “mom and pop” tenants with under market rents.
This opportunity brings both immediate value-add, and future redevelopment potential. Please do not disturb the tenants.
Owner occupant (laundry) currently accounts for 50% of the building. The balance is occupied by long term “mom and pop” tenants with under market rents.
This opportunity brings both immediate value-add, and future redevelopment potential. Please do not disturb the tenants.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
10,027 SF
Building Class
C
Year Built
1973
Price
$5,000,000
Price Per SF
$498.65
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.40 AC
Zoning
T6-8(O)
Parking
10 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
Exceptionally walkable
90/100
Fairly drivable
40/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4103-013-0950 | Improvements Assessment | $465,370 |
| Land Assessment | $1,730,000 | Total Assessment | $2,195,370 |
Property Taxes
Parcel Number
01-4103-013-0950
Land Assessment
$1,730,000
Improvements Assessment
$465,370
Total Assessment
$2,195,370
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1901 W Flagler St
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