• Flagler St + Miami Ave – Core Redevelopment Opportunity in Downtown Miami - 22 E Flagler St, Miami, FL 33131

For Sale

Office

For Sale

This property is available for sale
11.3
Acres
Negotiable
Sale Price
  • Year Built
    1947
  • Overview

    Colliers is pleased to present a joint venture opportunity to redevelop Flagler + Miami at 8 West Flagler Street and 22 East Flagler Street, located on the original Main & Main location in Miami.​ Flagler + Miami consists of two buildings totaling a 492,417 square-foot building sitting on 1.79 acres of land.​ It is zoned T6-80, the most liberal designation within Miami 21 and it is also within the Downtown Density Overlay of 1,000 units per acre.​ Flagler + Miami is also connected to the Miami Avenue metromover station, providing connectivity to the rest of the city.​ Flagler + Miami is an ideal candidate for value-add repositioning of the existing buildings and/or the development of new towers to capitalize on zoning that allows for the tallest and most dense development at the center point of the city of Miami.​



    East Building


    22 East Flagler Street


    Existing Building Size: 300,000 SF


    Existing Stories: Basement + 10 stories


    Lot Size: 47,975 SF (1.10 acres)


    Zoning: T6-80-O


    Density: 1,000 units per acre


    FLR: 24


    FLR Bonus: 50%


    Street Frontage: Flagler Street, SW 1st Street and Miami Avenue


     
    West Building 


    8 West Flagler Street


    Existing Building Size: 190,000 SF


    Existing Stories: Basement + 8 stories


    Lot Size: 30,000 SF (0.69 acres)


    Zoning: T6-80-O


    Density: 1,000 units per acre


    FLR: 24


    FLR Bonus: 50%


    Street Frontage: Flagler Street, SW 1st Street and Miami Avenue


     
    Total Site


    Total Existing SF: +/- 492,417 SF


    Total Lot Size: +/-77,975 SF (1.79 Acres)

    ​Zoned T6-80-O, the most liberal zoning within Miami 21, allowing for the development of 1,000 units per acre and 2.8m square feet
    Rare opportunity for visionary investors to redefine this core and strategic location through redevelopment, adaptive re-use, or a combination of both
    ​Central location with access to Miami’s best amenities - Luxury retail and F&B options. Just minutes from Whole Foods, Miami World Center, Bayfront Park and Brickell City Centre
    Direct Access to main highways and streets – Flagler Street, Miami Avenue, I-95, Biscayne Boulevard and Brickell
    Direct Access to public transportation - MetroMover Station, MetroRail Station, MetroBus Station, and Miami City Trolley System

Contact or Call

Property Details

Colliers is pleased to present a joint venture opportunity to redevelop Flagler + Miami at 8 West Flagler Street and 22 East Flagler Street, located on the original Main & Main location in Miami.​ Flagler + Miami consists of two buildings totaling a 492,417 square-foot building sitting on 1.79 acres of land.​ It is zoned T6-80, the most liberal designation within Miami 21 and it is also within the Downtown Density Overlay of 1,000 units per acre.​ Flagler + Miami is also connected to the Miami Avenue metromover station, providing connectivity to the rest of the city.​ Flagler + Miami is an ideal candidate for value-add repositioning of the existing buildings and/or the development of new towers to capitalize on zoning that allows for the tallest and most dense development at the center point of the city of Miami.​



East Building


22 East Flagler Street


Existing Building Size: 300,000 SF


Existing Stories: Basement + 10 stories


Lot Size: 47,975 SF (1.10 acres)


Zoning: T6-80-O


Density: 1,000 units per acre


FLR: 24


FLR Bonus: 50%


Street Frontage: Flagler Street, SW 1st Street and Miami Avenue


 
West Building 


8 West Flagler Street


Existing Building Size: 190,000 SF


Existing Stories: Basement + 8 stories


Lot Size: 30,000 SF (0.69 acres)


Zoning: T6-80-O


Density: 1,000 units per acre


FLR: 24


FLR Bonus: 50%


Street Frontage: Flagler Street, SW 1st Street and Miami Avenue


 
Total Site


Total Existing SF: +/- 492,417 SF


Total Lot Size: +/-77,975 SF (1.79 Acres)

​Zoned T6-80-O, the most liberal zoning within Miami 21, allowing for the development of 1,000 units per acre and 2.8m square feet
Rare opportunity for visionary investors to redefine this core and strategic location through redevelopment, adaptive re-use, or a combination of both
​Central location with access to Miami’s best amenities - Luxury retail and F&B options. Just minutes from Whole Foods, Miami World Center, Bayfront Park and Brickell City Centre
Direct Access to main highways and streets – Flagler Street, Miami Avenue, I-95, Biscayne Boulevard and Brickell
Direct Access to public transportation - MetroMover Station, MetroRail Station, MetroBus Station, and Miami City Trolley System

  • Property Type
    Office
  • Submarket
  • Year Built
    1947
  • Total Acres
    11.3
  • Zoning
    T6-80-O
  • Last updated
    Jul 13, 2021
  • Property ID
    1655407

Landlord's Sales Representatives

  • Mitash Kripalani
    Colliers | Miami - Coral Gables
     
  • Julian Zuniga
    Colliers | Miami - Coral Gables
     
  • Gerard Yetming
    Colliers | Miami - Coral Gables