1779 W Flagler Street 2 Properties in Miami, FL

Colliers is pleased to exclusively present 1779 W Flagler Street and 45 NW 17th Place, a prime 0.46- acre (20,062 SF) redevelopment site located on one of Miami’s most active commercial corridors in the heart of Little Havana. This assemblage offers a rare opportunity for developers, operators, or investors to unlock substantial value through either ground-up development or adaptive reuse. The site consists of multiple structures, including a ±14,608 SF former auto facility and two multifamily buildings totaling four residential units. Zoned T6-8-O, the property allows for flexible high-density mixed-use development of up to 150 units per acre (with potential Live Local Act bonuses for additional FAR and tax advantages), supporting up to ±130,000 SF of buildable area. Alternatively, the existing improvements can be repositioned for retail, showroom, or service use, taking advantage of ±45,000 vehicles per day of exposure along West Flagler Street, one of Miami’s most trafficked arteries connecting Brickell, Downtown,
and Coral Gables. With income in place and a location minutes from Loan Depot Park, the Health District, and Downtown Miami, this offering presents the best of both worlds: immediate yield potential and long-term redevelopment upside in one of Miami’s most culturally significant and fastest-growing neighborhoods.