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    611 86Th St Miami, FL 33138

    Sponsored
    For Lease
    $36 SF/Yr

    1,000 sq ft, versatile zoning

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,000-square-foot retail space at 611 NE 86th Street in Miami, Florida, presents a unique investment opportunity. Located in the vibrant 33138 zip code, this single-tenant property is ideally positioned just behind Pinch Restaurant and a short distance from Biscayne Boulevard, ensuring high visibility and foot traffic. The property's zoning (6100) allows for a diverse range of uses, including restaurants, coffee shops, barbershops, bars, taverns, office spaces, medical facilities, and other retail outlets, providing flexibility for potential tenants. The building features a total of one suite, offering a convenient and manageable space for a single business. Ample parking is available, with up to 30 spaces shared among tenants, ensuring easy access for customers and employees. The property's APN is 01-32-06-028-0950. This location offers a blend of accessibility and proximity to key areas, making it an attractive proposition for a variety of businesses seeking a prime Miami location. This is a rare opportunity to acquire a well-situated retail property with significant potential for growth and return on investment.

    Property Features for 611 86Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $36

    HighLights

    • 1,000 sq ft retail space at 611 NE 86th Street, Miami, FL 33138.
    • High‑visibility location near Biscayne Blvd and Pinch Restaurant.
    • Zoned 6100, allowing diverse uses (restaurants, retail, offices, medical).
    • Single‑tenant suite with ample shared parking (up to 30 spaces).
    • APN: 01‑32‑06‑028‑0950.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.1845426
    Latitude
    25.8544812

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    FAQs

    What type of property is this?
    Restaurant - 1,000 sq ft, versatile zoning
    Where is this restaurant located?
    The property is located at 611 86Th St Miami, FL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 1,000 sq ft retail space at 611 NE 86th Street, Miami, FL 33138.; High-visibility location near Biscayne Blvd and Pinch Restaurant.; Zoned 6100, allowing diverse uses (restaurants, retail, offices, medical).
    Request Owner's contact information
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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
    611 86Th St Miami, FL 33138
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