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    Miami Beach Blvd Miami, FL 33169

    For Sale
    Contact for pricing

    1.59-Acre Lot, $20,000/Month NNN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.59-acre (69,369 square foot) parcel of land in Miami-Dade County, Florida, presents a unique investment opportunity. Located at NW 166 Street in North Miami Beach, zip code 33169 (latitude 25.9400585, longitude -80.2153998), this special-purpose property is currently offered for lease at $20,000 per month on a triple net (NNN) basis. The property is ideally suited for a variety of uses, including but not limited to, a parking lot or a mobile home park. The seller is open to considering diverse proposals and welcomes creative rental offers. The expansive lot provides ample space for accommodating trailers, trucks, cars, and other vehicles. Interested parties are encouraged to submit their rental proposals in writing. This is a rare chance to acquire a sizable tract of land in a desirable Miami location, offering significant potential for various income-generating ventures. The property's versatility and strategic location make it an attractive proposition for investors seeking a high-return investment in a thriving market. The asking price reflects a compelling opportunity for immediate income generation. Serious inquiries only.

    Property Features for 0 Miami Beach Blvd

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2153998
    Latitude
    25.9400585

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    FAQs

    What type of property is this?
    Specialty property - 1.59-Acre Lot, $20,000/Month NNN
    Where is this specialty property located?
    The property is located at Miami Beach Blvd Miami, FL.
    What is the asking price?
    The asking price for this property is $20,000.
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    Miami Beach Blvd Miami, FL 33169
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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
    Miami Beach Blvd Miami, FL 33169
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