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    4055 17Th Ave Miami, FL 33142

    For Lease
    $11 SF/Yr

    Prime Miami location, high traffic, 3,815 sq ft.

    Lot size:
    3,815 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional special-purpose property, located at 4055 NW 17th Ave in Miami, Florida (zip code 33142), offers a unique investment opportunity. The single-tenant building boasts a total area of approximately 3,815 square feet, encompassing a 1400 square foot bay, ideal for a variety of commercial uses. Situated on NW 17th Ave, this property benefits from its proximity to Allapatah, Wynwood, and Miami's beaches, ensuring high visibility and accessibility. The building features a new air conditioning unit and impact windows, enhancing both comfort and security. With a total of three bays on the site and a prominent billboard, the property presents significant growth potential. The current tenant mix includes a tea shop and a nightly pool hall, creating a diverse customer base and networking opportunities. Convenient on-site and street parking is available, catering to both employees and customers. Furthermore, the Florida Department of Transportation reports an average daily traffic count exceeding 17,600 vehicles, highlighting the property's prime location and high traffic volume. The property is zoned 6101 (APN: 01-31-23-038-0110). This presents a compelling opportunity to establish or expand a business in a thriving Miami neighborhood.

    Property Features for 4055 17Th Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,815 SF

    Unit(s) available at that property

    Space
    Size
    3,815 SF
    Rate per SF
    $11
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Renaissance Wholesale & Retail Wholesaler All Pro Travel Travel Agency UpperTEA Cafe Blackman Music Group, ... Music Producer C3 Computer Consultants ... Computer Consultant

    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
    -80.223798
    Latitude
    25.813158

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    FAQs

    What type of property is this?
    Specialty property - Prime Miami location, high traffic, 3,815 sq ft.
    Where is this specialty property located?
    The property is located at 4055 17Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    4055 17Th Ave Miami, FL 33142
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    Miami, FL 33142
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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
    4055 17Th Ave Miami, FL 33142
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