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    1990 149Th St North Miami, FL 33181

    Sponsored
    For Lease
    $30 SF/Yr

    Prime North Miami industrial space available.

    Lot size:
    700,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 700,000 square foot industrial property, built in 1973, is ideally situated in North Miami, Florida (33181), in Miami-Dade County. Zoned M-1, it offers flexible space options perfect for a variety of businesses. The property features both flex and warehouse space, with a minimum divisible unit size of 600 square feet and a maximum contiguous space of 1,150 square feet. Currently, 1,750 square feet of space is immediately available. Multiple tenancy is possible. The location boasts excellent accessibility and proximity to major amenities. It's conveniently located west of US1, bordering Aventura, and across from the Solemia Development—a significant mixed-use project encompassing 6,000 residential units, office buildings, a hotel, and 700,000 square feet of retail space. Enjoy the convenience of nearby shopping options such as Chipotle, Costco, and Publix. This property presents a unique opportunity to establish a presence in a thriving and rapidly developing area. The building offers air-conditioned offices and private bathrooms within the units. This is a rare opportunity to secure space in a well-located, modern industrial building with excellent visibility and access.

    Property Features for 1990 149Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    700,000 SF
    Total Rate
    1750000

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    1st Floor Ste 814777 WH
    Size
    4,000 SF
    Rate per SF
    $30
    Space
    1st Floor Ste 9A1947-1949
    Size
    2,000 SF
    Rate per SF
    $30

    HighLights

    • 700,000 SF industrial property in North Miami (33181), Miami‑Dade County, zoned M‑1.
    • Located west of US1, bordering Aventura, across from the Solemia mixed‑use development (6,000 residential units, 700,000 SF retail).
    • Excellent access to I‑95 (Miami Gardens, Ives Dairy Road, and 163rd Street exits).
    • Offers flex and warehouse space; minimum divisible unit: 600 SF; maximum contiguous space: 1,150 SF; 1,750 SF immediately available.
    • Features 10x12 grade‑level garage doors and hurricane‑proof windows.
    • Air‑conditioned offices and private bathrooms in units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1595706
    Latitude
    25.9128626

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    FAQs

    What type of property is this?
    Distribution property - Prime North Miami industrial space available.
    Where is this distribution property located?
    The property is located at 1990 149Th St North Miami, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 700,000 SF industrial property in North Miami (33181), Miami-Dade County, zoned M-1.; Located west of US1, bordering Aventura, across from the Solemia mixed-use development (6,000 residential units, 700,000 SF retail).; Excellent access to I-95 (Miami Gardens, Ives Dairy Road, and 163rd Street exits).
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    North Miami, FL 33181
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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
    1990 149Th St North Miami, FL 33181
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