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    16951 NW 4Th Ave Miami, FL 33169

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    For Sale
    $1,700,000

    Fully leased, paved, and fenced lot in high-demand commercial corridor.

    Lot size:
    0.31 Acres

    Property Features for 16951 NW 4Th Ave

    General Information

    Lot size
    0.31 Acres

    Source: Levy Realty Advisors LLC Agent Lielle Sosa

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

    Overview

    Leased Income-Generating Lot For Sale

    This is a fully leased, paved, and fenced lot, presenting an income-generating investment opportunity. The property generates approximately $10,000 per month and is situated in a high-demand commercial corridor of North Miami Beach. Zoned B-5, the property permits outdoor storage, warehousing, and related truck and logistics uses, making it suitable for IOS operations and offering future redevelopment potential. The demand for outdoor storage sites is high, and vacancies remain low.
    Location Intelligence

    Current Use by Public Records

    Welcome to Happy Place ... Day Care Center North Miami Beach ... Auto Glass Shop Iglesia Pentecostal Unida ... Christian Church All Nations Presbyterian ... Presbyterian Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Ben Pumo Building Corporation, Classic Motors, Skyroad Moving - Best Moving Company in Miami, Hagerty Garage + Social, Offshore Boat & Jet-ski Storage

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.19214
    Latitude
    25.930912

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    FAQs

    What type of property is this?
    Warehouse - Fully leased, paved, and fenced lot in high-demand commercial corridor.
    Where is this warehouse located?
    The property is located at 16951 NW 4Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Generating approximately $10,000/month in income.; - Located in a high-demand commercial corridor of North Miami Beach.; - Zoning B-5 permits outdoor storage, warehousing, and related truck/logistics uses.
    (646) 709-5537
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    Miami, FL 33169
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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
    16951 NW 4Th Ave Miami, FL 33169
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