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    2701 NW 2Nd Ave Miami, FL 33127

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    For Sale
    $20,130,017

    Fully occupied retail property adjacent to Nomad Hotel and Casa Tua.

    Property size:
    8,325 SF
    Lot size:
    0.14 Acres

    Property Features for 2701 NW 2Nd Ave

    General Information

    Size
    8,325 SF
    Lot size
    0.14 Acres

    Source: DWNTWN Realty Advisors Agent Tony Arellano

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

    Overview

    Retail Property on NW 2nd

    This retail property is located on NW 2nd Avenue, directly adjacent to the Nomad Hotel and Casa Tua. The property is 100% occupied with four established tenants and has a total area of 8325 square feet.
    Location Intelligence

    Current Use by Public Records

    Proyecto Tulum Lounge Enrique Tomas - Miami Restaurant THE MORNING BISTRO Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.198969
    Latitude
    25.802668

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    FAQs

    What type of property is this?
    Retail space - Fully occupied retail property adjacent to Nomad Hotel and Casa Tua.
    Where is this retail space located?
    The property is located at 2701 NW 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $20,130,017.
    What are key features of this property?
    This property features: - 100% Occupied with Four Established Tenants, ensuring immediate income.; - Directly Adjacent to the Nomad Hotel, a prime location.; - Directly Adjacent to Casa Tua, adding to the prestige of the location.
    (305) 909-7343
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    2701 NW 2Nd Ave Miami, FL 33127
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    Miami, FL 33127
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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
    2701 NW 2Nd Ave Miami, FL 33127
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