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1274 W Flagler St
Miami, FL 33135 Little Havana

$6,250,000 USD

Apartments For Sale • 17,841 SF

Property Details

Property Type Apartments
Total Building Size 17,841 SF
Lot Size 0.2 AC
Building Class C
Year Built 1926
Cap Rate 6.60 %
Zoning T6-12-O

56 Transit Score

94 Walk Score

                
                    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

Property Flyers

1274 W Flagler St OM

Cap Rate:

6.60 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Joanny's Cafe
Tipico Nicaraguense

Amenities

24 Hour Access
Air Conditioning
Property Manager on Site
Tenant Controlled HVAC
Kitchen
Oven
Tub/Shower
Maintenance on site
Freezer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	4 min	-	1.4 mi
Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	5 min	-	1.7 mi
Airport	Drive	Walk	Distance
Miami International	20 min	-	10.2 mi
Fort Lauderdale/Hollywood International	34 min	-	23.5 mi

Alessandro Lima 305-281-4469 Porosoff Group - Compass Commercial

1274 W Flagler St Miami, FL 33135 Little Havana