Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • o High-traffic location off the Palmetto Expressway (State Road 826).
  • o Ideal for multi-use redevelopment, including commercial, retail, mixed-use residential, or multifamily.
  • o Rare assemblage in a fast-growing urban corridor.

Executive Summary

7600 W Flagler St - Multi Use – Units Site
Rare opportunity to acquire a ±25,620 SF land assemblage located directly on W Flagler Street, one of Miami’s most active and high-traffic commercial corridors. The site consists of three contiguous parcels, offering a unique combination of prime commercial frontage and additional depth, ideal for a wide range of development strategies.
The front parcels, totaling ±14,620 SF, are zoned BU-1A (Limited Business District) and provide direct exposure to Flagler Street, allowing for a variety of commercial uses including automotive, retail, service, and office applications. The rear parcel, consisting of ±11,000 SF, is zoned RU-2 (Residential) and adds valuable depth to the site, supporting parking, staging, or future redevelopment, with potential for rezoning to align with commercial use.
This front-and-rear configuration creates a highly functional layout that is difficult to replicate in this corridor, making the property particularly well-suited for car wash development, automotive uses, retail concepts, mixed-use projects, or long-term land banking.
Strategically located just off the Palmetto Expressway (SR-826), the property benefits from strong accessibility, high visibility, and consistent traffic flow. The surrounding area is densely populated and supported by established retail, residential communities, and ongoing commercial activity, providing a solid foundation for long-term value and demand.
Opportunities to acquire contiguous land of this size and configuration on Flagler Street are extremely limited, positioning this assemblage as a compelling investment for developers, owner-users, and investors seeking both immediate usability and long-term upside.

Property Facts

Price $4,870,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Food Processing
  • Funeral Home
  • Hotel
  • Medical
  • Motel
  • Parking Garage
  • Parking Lot
  • Police or Fire Station
  • Post Office
  • Public Library
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 0.59 AC
Opportunity Zone Yes
Zoning Commercial & Residential - • Zoning Breakdown: 2 (two - BU-1A (Limited Business District) 1 (One Residential -RU-2 (Rear Parcel – 11,000 SF)).

1 Lot Available

Lot

Price $4,870,000
Price Per AC $8,254,237.29
Lot Size 0.59 AC

Rare opportunity to acquire a ±25,620 SF land assemblage located directly on W Flagler Street, one of Miami’s most active and high-traffic commercial corridors. Right off the Palmetto 826 Highway!

Description

Executive Summary • Overview: o Three contiguous parcels totaling ±25,620 SF (~0.59 acres) o Zoned BU-1A (Limited Business District) and RU-2 (Residential) o Ideal for commercial, automotive, retail, or mixed-use redevelopment • Key Opportunity: o Prime location directly off Palmetto Expressway (SR-826) o High-visibility frontage on W Flagler Street o Rare assemblage offering both front exposure and functional depth 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: 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: Commercial Vacant Land 3. Rear Lot (SE) 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: Residential Vacant Land Aggregate Site Details • Total Lot Size: ±25,620 SF • Total Acreage: ~0.59 Acres • Asking Price: ~$4,870,000 • Price per SF: ~$190/SF Slide 4: Zoning & Development Potential • Zoning Breakdown: BU-1A (Front Parcels – Commercial) o Allows retail, office, automotive, and service uses o Ideal for car wash, towing, storage, or retail concepts o Strong frontage for customer-facing operations RU-2 (Rear Parcel – Residential) o Allows duplex / residential use o Can support parking, staging, or operational overflow o Potential for rezoning to commercial use (subject to approvals) • Development Advantage: o Front + rear configuration allows efficient site design o Supports high-visibility commercial + operational uses o Flexibility for standalone commercial or mixed-use development Slide 5: Location & Market Drivers • Strategic Positioning: o Direct frontage on W Flagler St o Immediate access to Palmetto Expressway (SR-826) • Surrounding Retail & Demand Drivers: o Nearby: Home Depot, Costco, Walmart, Publix, CVS, Walgreens, Wawa o Dense residential population supporting strong consumer demand • Transit & Accessibility: o Close proximity to Metrorail, Tri-Rail, Amtrak o Minutes from Miami International Airport • Growth Trends: o Strong ongoing commercial and residential expansion o High-demand corridor for automotive and service-based businesses Slide 6: Site Aerials & Visuals • Aerial maps highlighting: o Parcel boundaries o Access points o Visibility and frontage • Optional concepts: o Car wash layout o Automotive / storage use o Mixed-use redevelopment scenarios Slide 7: Financial Highlights • Pricing: o Asking: ~$4.87M ($190/SF) • Value Proposition: o Competitive vs Flagler corridor comps o Premium justified by: – Frontage – Assemblage size – Functional layout • Upside Potential: o Rezoning of rear parcel o Site plan optimization o Long-term appreciation in supply-constrained corridor Slide 8: Investment Opportunity & Next Steps • Summary of Opportunity: o Rare Flagler Street assemblage with scale and flexibility o Ideal for owner-users, developers, or investors o Strong combination of immediate usability + long-term upside • Next Steps: o Review offering o Schedule site visit o Submit LOI

Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 30-4002-008-0140
  • 30-4002-008-0093
  • 30-4002-008-0130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,424,412
  • Listing ID: 35083950

  • Date on Market: 3/10/2025

  • Last Updated:

  • Address: 7600 W Flagler St, Miami, FL 33144

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}