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    1 S Royal Poinciana Blvd Miami Springs, FL 33166

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    For Sale
    $20,172,000

    Fully stabilized retail property with long-term tenants in Miami Springs.

    Lot size:
    1.53 Acres

    Property Features for 1 S Royal Poinciana Blvd

    General Information

    Lot size
    1.53 Acres

    Building Details

    Year built
    1945

    Source: Dwntwn Realty Advisors LLC Agent Rayza Perez

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

    Overview

    Renovated Retail Investment Property

    This is a fully stabilized triple net core retail investment property that has been newly renovated. The asset provides 26,947 square feet of rentable retail space, evenly distributed over two buildings with grade parking. The property, developed by MV Group USA, is fully occupied and offers a merchandising plan with a mix of national credit tenants and local tenants. The tenant mix includes fifteen food and beverage, health and beauty, medical, service, and specialty tenants. The average remaining lease term is over 10 years. All new leases include 3% yearly increases, and some offer renewal options. Seller financing is available with a $9 million loan at 4.5% for three to five years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Similar Places Nearby

    The Thrift Boutique & Consignment, Coin Cloud Bitcoin ATM, Coin Laundry, Coin Cloud Bitcoin ATM, City Center

    Location Insight

    • Map
    • Local Demand
    City
    Miami Springs
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.282286
    Latitude
    25.82238

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    FAQs

    What type of property is this?
    Shopping center - Fully stabilized retail property with long-term tenants in Miami Springs.
    Where is this shopping center located?
    The property is located at 1 S Royal Poinciana Blvd Miami Springs, FL.
    What is the asking price?
    The asking price for this property is $20,172,000.
    What are key features of this property?
    This property features: - Fully stabilized, fully occupied retail investment property.; - Triple net lease structure with new national credit tenants and tenured local tenants.; - Average lease term of over 10 years remaining with 3% yearly increases.
    (786) 325-9928
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    1 S Royal Poinciana Blvd Miami Springs, FL 33166
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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
    1 S Royal Poinciana Blvd Miami Springs, FL 33166
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