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    200 Azure Way Miami Springs, FL 33166

    For Sale
    $8,150,000

    Multi Family - Miami Springs, FL

    Type:Single Family Attached
    Days on Market:
    131
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 200 Azure Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    3700
    APN
    05-30-24-006-2210
    Parking
    24

    Building Details

    Year built
    1926
    Number of units
    23
    Flooring type
    Concrete
    Building materials
    Block
    Architectural style
    Other

    LoKation Real Estate (954) 545-5583 [email protected]

    Listing agent Beatriz Acosta-Rubio (954) 545-5583 License #3122337

    Listing date Jul 31, 2025

    MLS# A11790088 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Miami Springs Multifamily Investment

    This is an investor opportunity in Miami Springs, Florida. The property, known as AZURE, is a historic 2-story V-shaped building featuring 23 apartments arranged around a central courtyard enclosed by an irregular stucco wall. Each wing of the V extends as a 2-story building, with an additional 1-story building housing 5 studios. Azure exemplifies the Mission Revival architectural style, featuring flat roofs and irregular parapets, towers with distinctive openings, prominent water spouts, Mission bell cote motifs, and rough-textured stucco finishes. The exterior maintains its historic 1926 charm, following a full major renovation in 2014. Situated near the Golf Course, Miami Inter Airport, and Freedom Park Soccer Village stadium with 25,000 seats, it presents an opportunity in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Springs
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.285346
    Latitude
    25.819047

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    FAQs

    What type of property is this?
    Apartment building - Historic 23-unit multifamily property in prime Miami Springs location.
    Where is this apartment building located?
    The property is located at 200 Azure Way Miami Springs, FL.
    What is the asking price?
    The asking price for this property is $8,150,000.
    What are key features of this property?
    This property features: - PRIME LOCATION near Golf Course, Miami Inter Airport, and Freedom Park Soccer Village stadium (25,000 seats).; - Seller financing available (70%).; - Investor opportunity with 23 apartments.
    (954) 545-5583
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    200 Azure Way Miami Springs, FL 33166
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    Miami Springs, FL 33166
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    Realmo Value Estimation

    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.

    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.

    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
    200 Azure Way Miami Springs, FL 33166
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