Retail Space with Private
19370 Collins Ave #CU-3, Sunny Isles Beach, FL 33160
For Sale
Contact for pricing
A separately accessed suite offers storefront exposure, shared kitchen access, and rear entry to common amenities.
Property Size1,467 SF
Price / SF$2.04
Days on Market43
Property Features for 19370 Collins Ave #CU-3
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Amenities
individual front entrance
storefront exposure
shared kitchen access
public restrooms
common amenities
Building Details
Year Built
Listing Agency:
GF Real Estate
(786) 602-2638
Listed By:
Facundo Garcia Flores · License #3395681
(786) 319-2846
Source:
Stoicestates
Added: Sep 27
Changed: Nov 7
Last Checked: Nov 7 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GF Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at Ocean Reserve, this retail suite has its own street-facing entrance and storefront exposure. The interior is physically separated from the surrounding space, with shared kitchen access and a rear route to the building’s public restrooms and common amenities.
The property is at 19370 Collins Ave in Sunny Isles Beach, across from Heritage Park. Two city-authorized parking permits for the municipal garage beside the park are included; guest parking and valet are also available. The building dates to 1972.
The property is at 19370 Collins Ave in Sunny Isles Beach, across from Heritage Park. Two city-authorized parking permits for the municipal garage beside the park are included; guest parking and valet are also available. The building dates to 1972.
Key Highlights
- Individual entrance and storefront exposure
- Rear access to the building’s public restrooms and common amenities
- Shared kitchen access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,806
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,120
$496.1K
Cap Rate 7%
$354,371
$354.4K
Cap Rate 9%
$275,622
$275.6K
Market Conditions
NOI Build-Up for 1,467 SF
Gross rent
$38.7K $26.40/SF
− Vacancy
−$3.3K −$2.24/SF
EGI
$35.4K $24.16/SF
− OpEx
−$10.6K −$7.25/SF
NOI
$24.8K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,120
Cap Rate 7%
$354,371
Cap Rate 9%
$275,622
Alternative Uses
Best Use
Retail
$354.4K
$310.1K – $413.4K
NOI $24,806 @ 7.0% cap · market cap 826.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$744.3K
$651.2K – $868.3K
NOI $52,099 @ 7.0% cap · market cap 1,736.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
Explore this area
Business Placement
Demographics for 33160, FL
44,085
Population
33,749
Households
1.3
Avg Household Size
48
Median Age
49%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
10,019
Density / Sq Mi
$62,413
Median Household Income
$43,035
Median Earnings
$1,990
Median Rent
$360,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami-Dade County, FL
Properties on Market for Retail space in Miami-Dade County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A separately accessed suite offers storefront exposure, shared kitchen access, and rear entry to common amenities.
Where is this retail space located?
The property is located at 19370 Collins Ave #CU-3 Sunny Isles Beach, FL.
What are key features of this property?
This property features: Individual entrance and storefront exposure; Rear access to the building’s public restrooms and common amenities; Shared kitchen access
