1751-1761 W Flagler Street
Miami, Florida
Building
Stats
- Property Type Retail - Street Retail
- Building size (SF) 10,434
Overview
The Portfolio is advantageously zoned T6-8-O which also provides an investor or developer another avenue of additional value creation in the future, with as-of-right zoning allowing for 43 residential units (150 residential units per acre).
In-place retail and office tenants also provide an attractive cash flow to prospective buyers and end-users, with potential to lease up additional space and position the Property for stabilization. The Little Havana market has excellent connectivity to Miami’s major employment centers and is characterized by its vibrant culture. Little Havana is experiencing a flurry of activity with a wide variety of retailers attracted to the area, but the neighborhood’s walkability and proximity to greater Downtown Miami is also appealing to residential developers and is positioned to fill the demand for affordable housing.