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1626 W Flagler St
Miami, FL 33135

Little Havana Mixed-Use Storefront Retail/Mul · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Mixed-use building with 8 multi-family apartments and 2 ground floor retail/commercial units in the heart of Miami's Little Havana neighborhood.
  • Strategic location three blocks to LoanDepot Park and just two miles west of the metropolitan areas of Brickell and Downtown Miami.
  • Upside opportunity for an investor to capitalize in a strong rental market with overall low vacancy rates and current below market in-place rents.
  • Favorable Miami21 Commercial Zoning offers the potential for repositioning/redevelopment and strong market fundamentals presenting future upside.
  • Excellent visibility along W Flager Street to over 21,000 vehicles per day and one mile to I-95 with over 187,000 vehicles traveling per day.
  • Ideally positioned in a densely populated trade area near several economic drivers and amenities within proximity to multiple employment hubs.

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,557 SF
No. Stories 2
Year Built 1925
Parking Ratio 0.32/1,000 SF

Site Amenities

  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4102-006-0380
Land Assessment
$862,560
Improvements Assessment
$427,467
Total Assessment
$1,290,027

zoning

Zoning Code T6-8-O (Restricted Commercial District)
T6-8-O (Restricted Commercial District)
  • Listing ID: 22882595

  • Date on Market: 2021-04-30

  • Last Updated:

  • Address: 1626 W Flagler St, Miami, FL 33135

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