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1451 Flagler Street

$5,000,000

1451 W Flagler St, Miami, FL 33135

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Last Updated: 02/12/2026

5,982 sqft

Building Size

11,250 sqft

Lot Area

Details:
Building Size:    5,982 sqft
Lot Area:    11,250 sqft
Occupancy:    100%
Class:    B
Lease Type:    Modified Gross
Units:    12
Year Built:    1972
Zoning:    6100 - COMMERCIAL - NEIGHBORHOOD
Tenancy:    Multiple
Floors:    1
Parking Spots:    10
Gross Leaseable Area:    5,000
Restrooms:    12
Highlights:
  • Prime Flagler Street Frontage High-visibility retail location along one of Miami’s most established commercial corridors, with strong daily traffic and central connectivity to Downtown, Brickell, Coral Gables, and major expressways.
  • Flexible Month-to-Month Tenancy Established tenants on flexible lease terms, providing immediate repositioning potential and control for rent alignment or redevelopment planning.
  • Value-Add Income Opportunity Stabilized rent potential of approximately $40/SF annually across ~5,000 SF, offering a clear path to income growth through strategic rent adjustments.
  • Long-Term Redevelopment Optionality Zoning may support up to approximately six stories (subject to approvals), allowing for future mixed-use development with retail at street level and residential or office above.
  • High-Demand Urban Corridor Located within a dense, neighborhood-serving retail district with consistent local demand and proximity to Marlins Stadium and major employment centers.
Description:

Incredible opportunity to own a free-standing retail plaza with 12 storefronts located in the heart of Miami, directly on Flagler Street — one of the city’s main commercial arteries, offering high visibility and constant traffic.
Just one block from Marlins Stadium, 1.9 miles from Brickell, 1.7 miles from Downtown Miami, and minutes from Miami International Airport, Coral Gables, and major expressways, this property is perfectly positioned to serve multiple high-demand markets.
Take advantage of the opportunity to establish a business in a central, connected location without paying Brickell-level rents, while benefiting from excellent exposure and a strong, evolving neighborhood.
Sitting on an 11,250 SF lot with commercial zoning, the property presents flexible development potential—ideal for adding floors, redeveloping into a mixed-use project, or repositioning as a flagship income-producing asset. A rare opportunity for investors, developers, and owner-users in one of Miami’s most rapidly transforming districts.
Kindly do not disturb the tenants or visit the property without prior coordination. Out of respect for the businesses in operation, we ask that no one attempt to enter any individual unit without authorization. Your cooperation is sincerely appreciated.

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