Exclusive Off-Market Opportunity FOR SALE


Miami, FL - Little Havana
$6,000,000 USD
305-788-2878
, Miami, FL for Sale
$6,000,000 USD
FOR SALE
1/1
null | 8.1% Cap Rate

Exclusive Off-Market Opportunity
Miami, FL
Little Havana


HIGHLIGHTS

  • Development Potential: Zoned for 130+ residential units across 12 stories
  • Retail Demand: High leasing activity, driven by local businesses and national tenants.
  • businesses and national tenants. Neighborhood Growth: Between Brickell and Coral Gables, in one of Miami’s most dynamic redevelopment corridors.

OVERVIEW

Retail Opportunity: The property features an expansive 14,680 SF building, offering immediate potential to transform into a premium retail destination. With average area rents exceeding $35/ SF, investors can achieve a pro forma cap rate close to 8%, significantly outperforming market averages. Included Land and Residential Units: A 5,000 SF lot included in the assemblage adds further value, featuring two multifamily buildings with a total of 4 residential units, offering dual-income potential. Unparalleled Redevelopment Potential: Zoned for high-density mixed-use development, this property can support the creation of 130+ residential units over 12 stories, perfectly aligning with Miami’s growing demand for housing and mixed-use spaces. Strategic Location Situated on W Flagler Street, a major thoroughfare connecting key neighborhoods, the property enjoys excellent visibility, strong foot traffic, and proximity to Miami’s economic hubs. This corridor boasts some of the lowest vacancy rates and highest population density in all of Miami-Dade County.

ASK ABOUT THIS PROPERTY

Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.