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    50 Biscayne Blvd Miami, FL 33132

    Sponsored
    For Sale
    $8,550,000

    Exceptional 33,075 SF Miami investment opportunity.

    Property size:
    33,075 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 50 E Biscayne Blvd in the heart of Downtown Miami, presents a unique investment opportunity. The building, constructed in 2007, boasts a total area of 33,075 square feet and is classified as both retail and multifamily. Specifically, it comprises three individual commercial units (C1, C2, and C3), each available for sale separately. The combined size of these three units totals 13,075 square feet. The ground floor offers a substantial 6,500 square feet of space, complemented by a mezzanine level adding another 975 square feet. Furthermore, the property includes approximately 4,600 square feet of outdoor space, providing significant potential for various uses. The strategic location at the intersection of Biscayne Boulevard and Flagler Street in Miami, Florida (zip code 33132), ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking a prime location in a thriving urban center. The asking price for the entire property is $8,550,000. This presents a rare chance to acquire a well-situated, mixed-use property in one of Miami's most dynamic areas. Detailed financial information and unit-specific breakdowns are available upon request.

    Property Features for 50 Biscayne Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    33,075 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Twins Media Group Marketing Agency Real Miami Properties Real Estate Agency Urbanika Shades Window Treatment Store Karen Mejia Wellness Wellness Program DECO Miami Janitorial Service

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Grocery Store Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1879868
    Latitude
    25.7750019

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    FAQs

    What type of property is this?
    Multifamily property - Exceptional 33,075 SF Miami investment opportunity.
    Where is this multifamily property located?
    The property is located at 50 Biscayne Blvd Miami, FL.
    What is the asking price?
    The asking price for this property is $8,550,000.
    Request Owner's contact information
    50 Biscayne Blvd Miami, FL 33132
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    Miami, FL 33132
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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
    50 Biscayne Blvd Miami, FL 33132
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