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    1525 NW 3Rd Ave Miami, FL 33136

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    For Sale
    $2,000,000

    Mixed-use building in Overtown, Miami with retail and office space.

    Property size:
    2,800 SF
    Lot size:
    0.08 Acres

    Property Features for 1525 NW 3Rd Ave

    General Information

    Size
    2,800 SF
    Lot size
    0.08 Acres

    Source: Neighbors Realty LLC Agent Alejandro Riocabo

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

    Overview

    Overtown Miami Mixed-Use Building

    This mixed-use building is located in the City Club Building in Overtown, Miami. The property features a dollar store on the first floor and six offices on the second floor. The first floor is currently leased at $22.00 NNN per square foot. The second floor is leased for $1,600.00 per month NNN. The first-floor retail space will soon become available for lease or owner use. The property has a total size of 2,800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Costa Rica Fishing Fishing Charter 1LOVE Center Community Center Art of Healing Community ... Art Gallery

    Suggested Use

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

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

    Similar Places Nearby

    IT IS ROSES LLC, Je T'aime Fleurs, Thalia Luxury Bloom, One year flowers, CHM Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.199821
    Latitude
    25.789978

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    FAQs

    What type of property is this?
    Storefront property - Mixed-use building in Overtown, Miami with retail and office space.
    Where is this storefront property located?
    The property is located at 1525 NW 3Rd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location in Overtown, Miami.; - Income-generating property with existing leases on both floors.; - First floor NNN lease at $22.00 per sq ft.
    (305) 785-4340
    Request Owner's contact information
    1525 NW 3Rd Ave Miami, FL 33136
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    Miami, FL 33136
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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
    1525 NW 3Rd Ave Miami, FL 33136
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