West Flagler 12-Unit Corner Asset | T5-L Zoning | Stabilized Cash Flow + Covered Land Upside

Rare opportunity to acquire a stabilized 12-unit multifamily asset strategically located on a high-visibility corner lot along Miami’s iconic West Flagler Street corridor. This income-producing property features a solid unit mix of 10 spacious 1-bedroom, 1-bathroom apartments and TWO studios, perfectly positioned to capture Miami’s robust workforce housing demand. The building sits on an expansive 15,000 Sq. Ft. lot with T5-L Urban Center zoning, offering significant long-term covered land play and high-density redevelopment potential. Recent capital improvements include a newer roof (2013), updated central A/C systems, and over 3,000 Sq. Ft. of paved asphalt parking—a premium asset in this densely populated area. Located in a ”Central” Enterprise Zone within the Urban Development Boundary, residents enjoy immediate access to major transit lines, the Health District, and Downtown Miami. Whether looking for immediate cash flow or a strategic addition to a portfolio, this property offers a unique blend of stability and appreciation in one of Miami’s most active growth paths.