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    17550 Collins Ave North Miami Beach, FL

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    For Sale
    $6,250,000

    5,514 SF Class A retail with 31 parking spaces.

    Property size:
    5,514 SF
    Lot size:
    1.01 Acres

    Property Features for 17550 Collins Ave

    General Information

    Size
    5,514 SF
    Lot size
    1.01 Acres

    Source: Porosoff Partners Agent Arthur D Porosoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Retail Space Available

    This property features 5,514 square feet of Class A commercial space, accompanied by 31 deeded parking spaces. The units have the potential to be sub-divided into 5 bays. Situated along Collins Avenue in Sunny Isles Beach, the location benefits from high traffic, with approximately 118,000 vehicles passing by daily. The property is located on the ground floor of a new luxury condominium. The surrounding area exhibits strong demographics, including a median home value exceeding $500,000 within a one-mile radius.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1819268
    Latitude
    25.8909628

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    FAQs

    What type of property is this?
    Retail space - 5,514 SF Class A retail with 31 parking spaces.
    Where is this retail space located?
    The property is located at 17550 Collins Ave North Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: - 5,514 Square Feet of Class A Commercial Space; - Features 31 Deeded Parking Spaces; - Frontage Along Collins Avenue In Sunny Isles Beach – 118,000 Vehicles Per Day
    (305) 733-6066
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    17550 Collins Ave North Miami Beach, FL
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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
    17550 Collins Ave North Miami Beach, FL
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