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Property profile & analytics

12255 16th Ave North Miami, FL 33161-6509

  • Banks
  • 4,268 SF
  • 0.43 lot acres
OFF-MARKET
Last Sale
Mar 04, 2025
$2,500,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-1960234
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • BB&T - ATM / Atm

Property Details for 12255 16th Ave

Year built
1975
Construction
CONCRETE
Lot size
0.43 lot acres
Property size
4,268 SF
Zone code
6201:COMMERCIAL
Property type
Banks
APN
06-2229-086-0010
APU
622290860010

Description

This freestanding 3,099 square foot retail building in North Miami, Florida, presents a unique investment opportunity. Previously a bank, the property boasts a double-lane drive-thru and ATM, situated on a highly visible 0.43-acre corner lot. The C-2 zoning allows for a variety of uses. The building enjoys excellent access from NE 16th Avenue, offering significant visibility and convenience. This strategic location at the intersection of two major thoroughfares, Biscayne Boulevard and NE 123rd Street, benefits from a combined daily traffic count of 80,856 vehicles. The property is surrounded by a strong concentration of national retailers, including The Home Depot, Whole Foods, Publix, Ross, T.J. Maxx, LA Fitness, Pet Supermarket, Starbucks, Wendy's, and McDonald's, ensuring high foot traffic and brand recognition. The entire 3,099 square feet is currently vacant and ready for immediate occupancy. Located in Miami-Dade County, with a 33161 zip code, this property offers exceptional potential for a variety of businesses seeking a high-traffic, easily accessible location in a thriving retail environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
North Miami
County
Miami-dade
State
Florida
Longitude
-80.1659
Latitude
25.8887
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,333
$1,596,385
$309,488
$1,905,873
-
$1,596,385
$309,488
$1,905,873
More about this property
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