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    8020 5Th Ave Miami, FL 33138

    For Lease
    $21 SF/Yr

    Prime Miami retail space available.

    Lot size:
    2,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,538-square-foot retail space is ideally situated at 8020 NE 5th Ave, Miami, FL 33138. Located off the bustling intersection of Biscayne Blvd and 79th St, this property benefits from high visibility and excellent accessibility. The space is part of a thriving retail center, offering a diverse mix of tenants including grocery, medical, food, and service businesses. This ensures a consistent flow of foot traffic and a strong customer base. The property is classified as a retail space with multiple tenancy options. Ample parking is available for both customers and employees, enhancing the convenience and appeal of the location. The property's strategic location and the established tenant mix present a compelling opportunity for businesses seeking a high-traffic, well-established retail environment in the vibrant Miami market. This space is perfect for a variety of retail uses and offers significant potential for growth and success. The property is easily accessible from major roadways, ensuring convenient access for customers and employees alike. This is a rare opportunity to secure a prime retail space in a highly desirable Miami location.

    Property Features for 8020 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,538 SF

    Unit(s) available at that property

    Space
    8020 - #3
    Size
    2,538 SF
    Rate per SF
    $21

    HighLights

    • 2,538‑square‑foot retail space at 8020 NE 5th Ave, Miami, FL 33138.
    • High‑visibility location off Biscayne Blvd and 79th St with excellent accessibility.
    • Thriving retail center with diverse tenant mix (grocery, medical, food, service).
    • Ample parking for customers and employees.
    • Prime retail space in a high‑traffic, desirable Miami location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carga 4 tropical Warehouse Gabor Carpet & Upholstery ... Cleaning Products Supplier

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1873119
    Latitude
    25.8485257

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    FAQs

    What type of property is this?
    Retail property - Prime Miami retail space available.
    Where is this retail property located?
    The property is located at 8020 5Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 2,538-square-foot retail space at 8020 NE 5th Ave, Miami, FL 33138.; High-visibility location off Biscayne Blvd and 79th St with excellent accessibility.; Thriving retail center with diverse tenant mix (grocery, medical, food, service).
    Request Owner's contact information
    8020 5Th Ave Miami, FL 33138
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    Miami, FL 33138
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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
    8020 5Th Ave Miami, FL 33138
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