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    216 NW 11Th St Miami, FL 33136

    For Sale
    Contact for pricing

    408 SF retail/office space in fast-growing Miami neighborhood.

    Lot size:
    0.09 Acres

    Property Features for 216 NW 11Th St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1958

    Source: Fausto Commercial Realty Consultants Inc Agent Antonio Saladrigas

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

    Overview

    Remodeled Retail Space in Overtown

    The property features a fully remodeled 408 square foot space suitable for retail or office use. Located at 212 NW 11th St in Overtown, the site is positioned within a fast-growing neighborhood as downtown Miami expands westward. The space is suitable for various businesses, including a yoga studio, barber shop, salon, art studio, or gallery. The owner is open to collaborating on the installation of a grease trap and hood, potentially accommodating restaurants, cafes, or late-night food service. A patio is included, offering options for outdoor seating. The property benefits from its proximity to venues such as Eleven, Club Space, Red Rooster, and The Pool Hall. Nearby development includes One West Twelve, a 23-story luxury tower featuring 372 furnished residences. The location offers excellent visibility and foot traffic within a dynamic area.
    Location Intelligence

    Current Use by Public Records

    iPhone Repair Specialists ... Phone Repair Service Healthy Island Restaurant iPhone Repair Specialists ... Phone Repair Service

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Daycare Center Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.197136
    Latitude
    25.78484

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    FAQs

    What type of property is this?
    Retail space - 408 SF retail/office space in fast-growing Miami neighborhood.
    Where is this retail space located?
    The property is located at 216 NW 11Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $3,000.
    What are key features of this property?
    This property features: - All-inclusive monthly rent of $3,000.; - **Fully remodeled 408 SF retail space** suitable for various businesses (retail, office, studio, etc.).; - Located in Overtown, a rapidly developing neighborhood near downtown Miami.
    (786) 378-1850
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    216 NW 11Th St 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
    216 NW 11Th St Miami, FL 33136
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