Retail Suite in Class A
For Sale
Contact for pricing
2820 NE 214th Street #3, Aventura, FL 33180
Unit 3 is available as a retail suite inside a Class A mixed-use building with 321 parking spaces.
Property Size1,670 SF
Price / SF$0.03
Days on Market97
Property Features for 2820 NE 214th Street #3
General Information
Standard status
Active
Size
1,670 SF
Class
A
Total Parking Spaces
321
Property subtype
Mixed Use
Building Details
Tenancy
Multi
Listing Agency:
Belhouse Real Estate, LLC
(305) 921-9789
Listed By:
Ludy Yorlett Moreno · License #3271925
(954) 448-4879
Source:
Lehmannflorida
Added: Jul 22
Changed: Oct 25
Last Checked: Oct 24 at 6:44PM
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 Belhouse Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail suite is located in Ivory 214, a Class A mixed-use building that includes 34 professional office suites and more than 39,449 SF of retail space. Unit 3 is offered for sale with 1,670 RSF, and additional retail purchase options are listed at 1,610 RSF and 2,440 RSF.
Ivory 214 is positioned in the Aventura Health District at 2820 NE 214th Street, Unit 3, Aventura, FL 33180. The property also provides 321 parking spaces for customer and tenant convenience.
The building’s mix of office and retail space supports service-oriented uses, including medical, wellness, retail, restaurant, café, and professional service businesses, with the option to buy the specific retail suite or select one of the other available retail sizes.
Ivory 214 is positioned in the Aventura Health District at 2820 NE 214th Street, Unit 3, Aventura, FL 33180. The property also provides 321 parking spaces for customer and tenant convenience.
The building’s mix of office and retail space supports service-oriented uses, including medical, wellness, retail, restaurant, café, and professional service businesses, with the option to buy the specific retail suite or select one of the other available retail sizes.
Key Highlights
- Retail suite available in Ivory 214, a Class A mixed‑use building in the Aventura Health District
- Multiple retail options available: 1,610 RSF, 1,670 RSF, or 2,440 RSF
- Ivory 214 offers 39,449 SF of retail space and 321 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,238
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,760
$564.8K
Cap Rate 7%
$403,400
$403.4K
Cap Rate 9%
$313,756
$313.8K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$44.1K $26.40/SF
− Vacancy
−$3.7K −$2.24/SF
EGI
$40.3K $24.16/SF
− OpEx
−$12.1K −$7.25/SF
NOI
$28.2K $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%
$564,760
Cap Rate 7%
$403,400
Cap Rate 9%
$313,756
Alternative Uses
Best Use
Office B
$632.3K
$553.3K – $737.7K
NOI $44,263 @ 7.0% cap · market cap 76,315.52%
Second Best
Mixed Use
$411.5K
$360.1K – $480.1K
NOI $28,808 @ 7.0% cap · market cap 49,668.97%
Theoretical Best
Office A
$847.3K
$741.4K – $988.5K
NOI $59,308 @ 7.0% cap · market cap 102,255.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 33180, FL
35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Unit 3 is available as a retail suite inside a Class A mixed-use building with 321 parking spaces.
Where is this retail space located?
The property is located at 2820 NE 214th Street #3 Aventura, FL.
What are key features of this property?
This property features: Retail suite available in Ivory 214, a Class A mixed‑use building in the Aventura Health District; Multiple retail options available: 1,610 RSF, 1,670 RSF, or 2,440 RSF; Ivory 214 offers 39,449 SF of retail space and 321 parking spaces
