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    Miami New Realty

    2470 NW 102 Place, Suite 107, Doral, FL 33172
    (305) 485-3100
    Web Site
    Size: 10+ agents

    Agents

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    Property Types

    • Commercial Sale
    • Residential
    • Commercial Lease
    • Land

    Listings

    For Sale (27)

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    Profitable Spa and Salon Business
    $150,000

    Profitable Spa and Salon Business

    Fully operational spa and salon in Sweetwater, Florida for sale.

    1470 NW 107Th Ave, Sweetwater, FL 33172
    View details
    Residential Lot in Palm Bay
    $39,000
    0.23 Acres

    Residential Lot in Palm Bay

    Residential lot suitable for building or investment in Palm Bay.

    133 Hillcock Ave NW, Palm Bay, FL 32907
    View details
    Restaurant/Bar Opportunity in Downtown Hollywood
    $395,000

    Restaurant/Bar Opportunity in Downtown Hollywood

    Restaurant/Bar with full liquor license in the heart of Hollywood.

    1814 Harrison St, Hollywood, FL 33020
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    Miami Retail Business Opportunity
    $230,000

    Miami Retail Business Opportunity

    Fully equipped retail space in a busy Miami location.

    NW 12Th Ave, Miami, FL 33128
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    Miami Fourplex Near Design District
    $1,056,000
    6,099.00 Acres

    Miami Fourplex Near Design District

    Multifamily property with five studio units near Miami Design District.

    5010 NW 2Nd Ave, Miami, FL 33127
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    Sweetwater, FL Shopping Center Opportunity
    $130,000

    Sweetwater, FL Shopping Center Opportunity

    Shopping center available for immediate operation in Sweetwater, Florida.

    W Flagler St, Sweetwater, FL 33174
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    Miami Land for Residential Development
    $1,299,000
    0.27 Acres

    Miami Land for Residential Development

    High-density infill site zoned for mixed-use development.

    216 216Th St, Miami, FL 33177
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    Cape Coral Corner Lot
    $50,000

    Cape Coral Corner Lot

    Residential corner lot in Cape Coral's Diplomat neighborhood.

    2710 NW 7Th Pl, Cape Coral, FL 33993
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    Vacant Lot with Canal Access
    $62,500

    Vacant Lot with Canal Access

    30,056.4 Sq.Ft vacant lot with canal access.

    15900 SW 408 St, Florida City, FL 33034
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    Doral Restaurant Business Opportunity
    $360,000

    Doral Restaurant Business Opportunity

    Turn-key restaurant with equipment, furniture, inventory, and lease rights.

    58 58Th Ter, Doral, FL 33178
    View details
    Doral Bakery Manufacturing Opportunity
    $150,000

    Doral Bakery Manufacturing Opportunity

    Bakery manufacturing facility with retail space in Doral, Florida.

    1365 NW 98Th Ct, Doral, FL 33172
    View details
    Remodeled Turn-Key North Miami Office
    $515,000
    1,032 SF

    Remodeled Turn-Key North Miami Office

    Ready-to-use office space with city skyline views.

    12550 Biscayne Blvd, North Miami, FL 33181
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    Profitable Salon and Spa Opportunity
    $90,000

    Profitable Salon and Spa Opportunity

    Salon and Spa business opportunity in Doral, open since 2010.

    5233 NW 79Th Ave, Doral, FL 33166
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    Cape Coral Vacant Land
    $59,900

    Cape Coral Vacant Land

    Vacant residential land for sale in Cape Coral, Florida.

    3527 NE 14Th Pl, Cape Coral, FL 33993
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    Miami Multifamily Development Opportunity
    $550,000
    7,800.00 Acres

    Miami Multifamily Development Opportunity

    Corner lot zoned for multifamily development, up to 11 units.

    104 NW 59Th St, Miami, FL 33127
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    Coral Gables Multifamily Investment
    $2,000,000
    3,420 SF

    Coral Gables Multifamily Investment

    Four units in prime Coral Gables location.

    29 Oviedo Ave, Coral Gables, FL 33134
    View details
    Miami Warehouse Great Location Opportunity
    $3,650,000

    Miami Warehouse Great Location Opportunity

    Warehouse in Miami, close to airport, port, downtown, and beach.

    2157 NW 23Rd Ave, Miami, FL 33142
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    Prime Commercial Land Opportunity
    $2,500,000
    1.47 Acres

    Prime Commercial Land Opportunity

    1.47-acre C-2 zoned land suitable for various businesses.

    Davis Pkwy, Florida City, FL 33034
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    Doral Beauty Salon and Spa
    $595,000

    Doral Beauty Salon and Spa

    Fully equipped salon and spa in Doral Place shopping district.

    36 NW 36Th St, Doral, FL 33122
    View details
    Lehigh Acres Vacant Land
    $35,000
    0.26 Acres

    Lehigh Acres Vacant Land

    0.26-acre vacant land on a high-traffic main road.

    870 Sentinela Blvd, Lehigh Acres, FL 33974
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    Miami Restaurant Business Opportunity
    $250,000

    Miami Restaurant Business Opportunity

    Restaurant business opportunity in a busy Miami shopping center.

    147 147Th Ave, Miami, FL 33187
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    Sweetwater Storefront - Miami, FL
    $59,999

    Sweetwater Storefront - Miami, FL

    Prime Retail Space, Turnkey Salon

    0 114Th Ave, Miami, FL 33174
    View details
    Versatile 10-Acre Commercial Land
    $1,450,000

    Versatile 10-Acre Commercial Land

    10-acre commercial land with diverse business opportunities in Miami.

    144XX 205Th Ave, Miami, FL 33196
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    Warehouse in Miami Location
    Contact for pricing

    Warehouse in Miami Location

    Warehouse in Miami, close to key transportation hubs.

    2157 NW 23Rd Ave, Miami, FL 33142
    View details
    Mixed-Use Retail/Apartment Building
    $1,500,000

    Mixed-Use Retail/Apartment Building

    Mixed-use building with retail and residential units in prime location.

    4840 NW 27Th Ave, Miami, FL 33142
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    Prime Commercial Land Opportunity
    $2,500,000

    Prime Commercial Land Opportunity

    1.47-acre C-2 zoned land ideal for various businesses.

    Davis Pkwy, Florida City, FL 33034
    View details
    Duplex in Great Location
    $839,000
    2,516 SF

    Duplex in Great Location

    Two-unit duplex with six bedrooms and four bathrooms total.

    12040 SW 215Th St, Miami, FL 33177
    View details

    For Lease (6)

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    Doral Warehouse with Office Space
    $3,350 / Mo

    Doral Warehouse with Office Space

    Warehouse and office space in Doral with highway access.

    6020 NW 99Th Ave, Doral, FL 33178
    View details
    Warehouse with Office in Hialeah
    $2,400 / Mo

    Warehouse with Office in Hialeah

    Warehouse with office space available for lease in Hialeah Gardens.

    10770 NW 138Th St, Hialeah Gardens, FL 33018
    View details
    Remodeled Turn-Key North Miami Office
    $5,500 / Mo

    Remodeled Turn-Key North Miami Office

    Brand new, remodeled open space office in North Miami.

    12550 Biscayne Blvd, North Miami, FL 33181
    View details
    Miami Office with Coral Gables View
    $1,395 / Mo

    Miami Office with Coral Gables View

    Move-in ready office space with excellent frontage and ample parking.

    5455 SW 8, Miami, FL 33134
    View details
    Miami Retail Space - Prime Location
    Contact for pricing

    Miami Retail Space - Prime Location

    High-traffic retail space, immediate occupancy.

    4840 27Th Ave, Miami, FL 33142
    View details
    Miami Retail Space - 27th Ave
    Contact for pricing

    Miami Retail Space - 27th Ave

    High-visibility retail space in prime Miami location.

    4840 27Th Ave, Miami, FL 33142
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Miami New Realty
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