11480 W Flagler St, Sweetwater, FL 33174 — MLS photo

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11480 W Flagler St, Sweetwater, FL 33174

Active · Industrial

$6,426,400

11480 W Flagler St, Sweetwater, FL 33174

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1966
Lot size
16,066 sq ft
HOA fee
—
Annual tax
—

About this property

Prime 16,066 SQFT corner lot offering exceptional redevelopment potential. Ideal opportunity for "RESIDENTIAL" development, such as townhomes or a mid-rise multifamily project of at least five stories, subject to zoning verification and municipal approval. The corner location provides excellent access, visibility, and design flexibility, allowing for efficient site planning and density optimization. Property is strategically located near major highways, including the Turnpike, close to retail destinations such as Dolphin Mall, and minutes from Miami International Airport. Currently operating as an income-producing mechanic shop with an established history; however, the highest and best use may be redevelopment. Seller is motivated and open to OWNER FINANCING!! Buyers to conduct their own due diligence regarding zoning, land use, and development potential. Call the listing Agent for appointments!!

Property location

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11480 W Flagler St, Sweetwater, FL 33174

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Industrial
Year built
1966
Lot size
16,066 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11948487
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

-$12,578

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$30,464/mo
Down payment
$1,606,600
Loan amount
$4,819,800
Annual NOI
$214,639

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