Flagler Street Assemblage with Development Upside.

Flagler Street Assemblage – A rare opportunity to acquire a fully leased, income-producing retail assemblage located on Flagler Street, one of Miami’s most active and strategic commercial corridors. Situated in the heart of Little Havana, this ±12,000 SF site is positioned in a rapidly growing neighborhood surrounded by major employment centers, including Downtown Miami, Brickell, and the Health District.

The property consists of two storefront retail units, currently leased to a dry cleaner and a variety store. Each tenant pays $3,000/month, generating a total annual NOI of $65,500. This dual-tenant setup provides stable, diversified income with near-term upside potential. Zoned T6-8-O, the site allows for the development of up to 41 residential units by right and mixed-use up to 8 stories, making it an excellent candidate for future redevelopment while collecting strong in-place income. This is a prime opportunity for investors, developers, and land bankers to secure a well-positioned asset with cash flow today and development potential tomorrow.