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    194Th Ave Miami, FL 33187

    For Sale
    $7,999,999

    Event Venue, Farm, & B&B in Miami

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Miami-Dade County property, located on Private Address SW 194th Ave, 33187, offers a unique blend of commercial and residential opportunities. Priced at $7,999,999, it encompasses a thriving agricultural operation, a county-licensed rural event venue, and a state-licensed bed and breakfast. The property boasts a full-use PWO permit and has received prestigious awards, including "Best of Weddings" from Wedding Wire and The Knot for 2022, 2023, and 2024. A significant feature is a custom-built, 4200 sq ft air-conditioned cypress wood barn, complete with a wood-burning fireplace and Dade County pine pillars. This impressive structure is just one of several high-end buildings on the farm. The sale includes multiple vintage vehicles, farm equipment, and furnishings. Its prime location in the heart of the Redlands provides easy access to Miami while maintaining a tranquil, rural setting. This versatile property presents a rare investment opportunity for discerning buyers seeking a profitable and unique commercial venture with significant residential potential. The property's history of success, combined with its diverse offerings, makes it an attractive proposition for a wide range of investors.

    Property Features for 0 194Th Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • Exceptional Miami‑Dade County property at $7,999,999, located on SW 194th Ave, 33187.
    • Thriving agricultural operation, county‑licensed event venue, and state‑licensed bed and breakfast included.
    • Features a 4,200 sq ft air‑conditioned cypress wood barn with fireplace.
    • Includes multiple vintage vehicles, farm equipment, and furnishings.
    • Boasts a full‑use PWO permit and "Best of Weddings" awards (2022‑2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.5076344
    Latitude
    25.6253016

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    FAQs

    What type of property is this?
    Specialty property - Event Venue, Farm, & B&B in Miami
    Where is this specialty property located?
    The property is located at 194Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $7,999,999.
    What are key features of this property?
    This property features: Exceptional Miami-Dade County property at $7,999,999, located on SW 194th Ave, 33187.; Thriving agricultural operation, county-licensed event venue, and state-licensed bed and breakfast included.; Features a 4,200 sq ft air-conditioned cypress wood barn with fireplace.
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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
    194Th Ave Miami, FL 33187
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