305-602-5020
200 E Flagler St, Miami, FL for Sale
Freestanding - FOR SALE
1/12
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200 E Flagler St
Miami, FL 33131
Bayfront Park


HIGHLIGHTS

  • Historic landmark: 1936/37 Walgreens Building; National Register of Historic Places
  • 2024 repositioning: renovated + reintroduced as food hall & entertainment destination
  • Multi-level concept: Floors 1–3 food hall, Floors 4–5 office/coworking, rooftop, basement speakeasy/music bar
  • Prime Downtown Miami corner: E Flagler St & SE 2nd Ave; Walk Score 96 / Transit Score 100
  • Upside / incentives: 10-year historic tax abatement + remaining TDD/TDR potential

OVERVIEW

Located at the epicenter of Downtown Miami, 200 Flagler—situated at 200 E Flagler Street—stands as a distinguished five-story Art Deco landmark originally constructed in 1936 as the historic Walgreens Building. Listed on the National Register of Historic Places, this architectural icon was thought fully repositioned in 2024 into a vibrant food hall and entertainment destination. Today, 200 Flagler presents a rare opportunity town a reimagined historic asset at the very heart of Miami’s urban core—blending cultural heritage with modern activation potential. For the right operator or investor, the property offers exceptional scalability and the ability to drive both sustained foot traffic and meaningful income potential.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

200 Flagler

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,120 SF

ZONING

CBD, 6401

APN/PARCEL ID

01-0112-000-1030

ASK ABOUT THIS PROPERTY

Mika MattinglyColliersMore Info
305-602-5020

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Mika MattinglyColliersMore Info
305-602-5020

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