1274 W Flagler St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$6,250,000 USD
305-281-4469
1274 W Flagler St, Miami, FL for Sale
$6,250,000 USD
Apartments - FOR SALE
1/20
null | 6.6% Cap Rate

1274 W Flagler St
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • Renovated 37-unit mixed-use property (30 apartments + 7 retail)
  • 98% occupied with immediate cash flow
  • 40/50-year recertification pending completion
  • Premier corner at W Flagler St & 12th Ave
  • Favorable unit mix: 27 studios, 3 one-bedrooms, 7 retail units
  • $168,000 Per Door

OVERVIEW

37-unit mixed-use property @ $168K per door! consisting of a 30-unit apartment building plus 7 ground-floor retail units. With a 40/50-year recertification in place, this is a rare turnkey opportunity offering immediate cash flow and long-term upside. Positioned at the signalized corner of W Flagler Street and 12th Avenue, one of Miami’s premier commercial intersections, the property benefits from unmatched visibility and accessibility. The favorable unit mix of 27 studios, 3 one-bedroom units, and 7 retail spaces ensures a diversified and stable income. Located just minutes from Brickell, South Florida’s top financial district, and blocks from Calle Ocho, the cultural hub of Miami’s Latin community, this property sits in one of the city’s highest-demand rental markets with historically low vacancy rates.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

37

PRICE/UNIT

$168,919

CAP RATE

6.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

37 Units Mix Use $168K per door

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

T6-12-O

APN/PARCEL ID

01-4102-006-0700

ASK ABOUT THIS PROPERTY

Alessandro LimaPorosoff Group - Compass CommercialMore Info
305-281-4469

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Alessandro LimaPorosoff Group - Compass CommercialMore Info
305-281-4469

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