Description

SELLER FINANCING AVAILABLE – 3-unit retail property with rear parking on busy W Flagler St, minutes from Miami’s urban core. Zoned T6-12-O, offering several options: build up to 4 townhomes on the 7,000 SF lot, assemble with neighbors for up to 12 stories (±24–34 units with Live Local Act), or expand the existing 1,845 SF building to add square footage and income. All units are leased, providing immediate cash flow while planning redevelopment. Perfect covered land play, future multifamily, or owner-user use such as a pet hotel, veterinarian, medical office, or professional practice. The location offers strong visibility, heavy traffic counts, and quick access to Downtown, Brickell, and major highways, making it a rare investment with both income and development upside.

Address

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Address: Flagler St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33130
Area: CITY OF MIAMI SOUTH

Details

Updated on January 9, 2026 at 4:25 pm

Property ID A11664550
Price $1,200,000
Land Area 0.16 Square Feet
Type Commercial
Property Status Commercial Land

Additional details

BuildingAreaUnits Square Feet
BuildingName CITY OF MIAMI SOUTH
ContractStatusChangeDate 2024-09-24
CurrentUse Unimproved Business/Commercial
DaysOnMarket 472
ExpirationDate 2026-02-26
FrontageLength 55
GrossScheduledIncome 64800
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-202-3303
ListingTerms All Cash, Conventional, Owner Will Carry
LotFeatures City Location, Less Than 1 Acre
LotSizeDimensions 55x136
LotSizeSquareFeet 7000
MLSAreaMajor City Of Miami South
MajorChangeTimestamp November 26, 2025 at 05:05pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp January 9, 2026 at 08:46pm
OnMarketDate 2024-09-24
OriginalEntryTimestamp September 24, 2024 at 03:44pm
OriginalListPrice 1949000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-02-00-080-1170
PhotosChangeTimestamp September 24, 2024 at 03:45pm
PhotosCount 17
PossibleUse Urban Commercial
PostalCodePlus4 1219
PreviousListPrice 1299000
PriceChangeTimestamp November 26, 2025 at 05:05pm
PublicSurveyRange 2
PublicSurveySection 0
PublicSurveyTownship 2
RoadFrontageType County Road, City/County Maintained, Public Road
RoadResponsibility Public Maintained Road
Sewer Public Sanitation
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 401277957
StateOrProvince FL
StatusChangeTimestamp September 24, 2024 at 03:44pm
StreetDirPrefix W
StreetName Flagler St
StreetNumber 727
StreetNumberNumeric 727
StructureType Commercial
SyndicationRemarks SELLER FINANCING AVAILABLE – 3-unit retail property with rear parking on busy W Flagler St, minutes from Miami’s urban core. Zoned T6-12-O, offering several options: build up to 4 townhomes on the 7, 000 SF lot, assemble with neighbors for up to 12 stories (±24–34 units with Live Local Act), or expand the existing 1, 845 SF building to add square footage and income. All units are leased, providing immediate cash flow while planning redevelopment. Perfect covered land play, future multifamily, or owner-user use such as a pet hotel, veterinarian, medical office, or professional practice. The location offers strong visibility, heavy traffic counts, and quick access to Downtown, Brickell, and major highways, making it a rare investment with both income and development upside.
TaxAnnualAmount 15907
TaxLegalDescription CITY OF MIAMI SOUTH PB B-41 LOT 17 LESS S10FT BLK 8 LOT SIZE 50.000 X 140 OR 16765-2696 0495 6
TaxYear 2023
Utilities Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available
View None
WaterSource Municipal Water
Zoning 6110