219-223 E Flagler St - Loft/Creative Space FOR SALE


Miami, FL 33131- Bayfront Park
$12,500,000 USD
305-984-9212
219-223 E Flagler St, Miami, FL for Sale
$12,500,000 USD
Loft/Creative Space - FOR SALE
1/15
null | Request Cap Rate

219-223 E Flagler St
Miami, FL 33131
Bayfront Park


HIGHLIGHTS

  • Value-add office building in the heart of Downtown Miami
  • T6-80-O Zoning - Densest in Miami Dade County
  • Blank Canvass for a Developer with a Unique & Creative Vission

OVERVIEW

This is a opportunity to purchase a value-add office property in the middle of Miami with the highest and densest zoning in all of Miami Dade county. There are currently only a few month-month tenants which provides a purchaser the opportunity to completely redo the building. A investor could create a unique creative co-working space or potentially change the use to a hotel. This a blank canvass for someone who has vision and believes in the future of Downtown Miami & Flagler Street. Densest zoning in Miami - T6-80-O. Existing building is 42,049 SF. 6 floor building with basement. Class C office space. Some of the spaces are in shell condition. Note - The 2-story building across the street at 226 E Flagler Street is owned by the same owner and is vacant and the owner would sell as well.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

T6-80-O; formerly CBD

APN/PARCEL ID

01-0111-080-1110

ASK ABOUT THIS PROPERTY

Aaron LabovitzABL Real Estate PartnersMore Info
305-984-9212

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Aaron LabovitzABL Real Estate PartnersMore Info
305-984-9212

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