1328 W Flagler St, Miami, FL 33135 — MLS photo

Get More Info About This Property

1328 W Flagler St, Miami, FL 33135

Active · Retail

$1,600,000

1328 W Flagler St, Miami, FL 33135

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1938
Lot size
6,020 sq ft
HOA fee
—
Annual tax
—

About this property

Excellent opportunity to own a T6-8-O zoned allows for future development of a mixed use commercial building up to 8 story building on the newly renovated West Flagler Street. This high-visibility property is located just minutes from Brickell, Downtown Miami, Loan Depot Park, Calle Ocho, and the Miami River. Ideal for investors, developers, or business owners. Surrounded by new projects and established businesses, this property is perfectly positioned in one of Miami’s fastest-growing areas. Don’t miss your chance to invest in this prime location.

Property location

Get Directions

1328 W Flagler St, Miami, FL 33135

Loading property location…

Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1938
Lot size
6,020 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11819136
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,131

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$7,585/mo
Down payment
$400,000
Loan amount
$1,200,000
Annual NOI
$53,440

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.