Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5701 SW 72nd Avenue South Miami, FL 33143

    View on Map
    Claim this Listing
    New
    Picture of Warehouses at 5701 SW 72nd Avenue, South Miami, FL
    For Sale
    $25,000,000

    MULTI_FAMILY - South Miami, FL

    Property size:
    516,656 SF
    Added:
    Apr 16, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 18 at 2:06 pm

    Property Features for 5701 SW 72nd Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    6300
    Standard status
    Active
    APN
    0940250310060
    Size
    516,656 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CARVERS SUB PB 6-36 ALL BLK 1 LESS E & S35FT OF LOTS 16 & 19 LYG E OF 18 & LOT 18 & PORT LOT 33 PER DB 3860-556 & ALL BLK 2 LESS LOTS 14 THR
    Tax Annual Amount
    50000

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1999
    Floors in Building
    3

    We can help!

    Listing Contact
    Steven T Koleno
    Steven T Koleno

    Listing agent Steven T Koleno License #3469487

    Listing office Beycome of Florida LLC 400 NW 26th Street, Miami, FL

    Listing date Apr 16, 2026

    MLS# B26016207 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Miami Commercial Property

    A commercial property located in South Miami, Florida, is available for sale. The property, situated in Miami-Dade County, encompasses 516656 square feet. The zoning is designated as 6300. The property can be used as a warehouse, industrial property, or other commercial real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Myles Storage Units — 8360 SW 65th Ave, Miami, FL 33143
    • Lucerne Self Storage Unit — 8440 S Dixie Hwy, Miami, FL 33143
    • A+ Storage — 8395 SW 67th Ave, Miami, FL 33143
    • Life Storage - Miami — 6850 SW 81st Ter, Miami, FL 33143
    • Life Storage - Miami — 6820 SW 81st Ter, Miami, FL 33143

    Map

    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2982
    Latitude
    25.7024

    Nearby Similar for Sale

    • $220,213

      Profitable Landscaping Business Opportunity

      Turnkey landscaping company serving affluent Miami-Dade and Broward clients.
      SW Bird Road, South Miami, FL 33155
      View Details
    • $3,250,000
      54,000 SF

      Commercial Condo Near Hospitals

      Commercial condominium near hospitals and transportation.
      6141 Sunset Drive, Unit 400 & 401, South Miami, FL 33143
      View Details
    • $57
      1,403 SF

      South Miami Office Space Available

      Office space for sale near South Miami Metrorail station.
      5975 Sunset Drive Ste 801, South Miami, FL 33143
      View Details
    • $1,293,000
      1,853 SF

      South Miami Office Space Available

      Office space for lease in South Miami with parking.
      5975 Sunset Dr, South Miami, FL
      View Details
    • $3,250,000
      5,962 SF

      Commercial Condo with Recent Renovations

      Commercial condominium built in 2006 with renovated common areas.
      6141 Sunset Dr, South Miami, FL
      View Details
    • $4,150,000
      7,978 SF

      Retail Property Near Coral Gables

      Retail property with high traffic count, close to Coral Gables.
      6340 Sw 40 St, South Miami, FL
      View Details

    FAQs

    What type of property is this?
    Warehouse - Commercial property for sale in South Miami, Florida.
    Where is this warehouse located?
    The property is located at 5701 SW 72nd Avenue South Miami, FL.
    What is the asking price?
    The asking price for this property is $25,000,000.
    What are key features of this property?
    This property features: Built in 1999, offering modern construction and design.; Public water source, ensuring reliable access.; Public sewer system, providing convenient waste management.
    (804) 656-5007
    We can help!
    Listing Contact
    Steven T Koleno
    Steven T Koleno
    Real Estate License ID: 3469487
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!