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    Property profile & analytics
    OFF-MARKET Estimated value $690,000
    Retail residential properties

    4840 27th Ave, Miami, FL 33142-3531

    3,508 SF 0.2 ac lot Built 1954
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US18-8812375
    Property summary
    AI-generated overview

    This exceptional retail property, located at 4840 NW 27th Ave #B in Miami, Florida, 33142, offers 2,300 square feet of prime commercial space. The property is a single-tenant building (Suite B) within a larger complex, zoned 6062. Its strategic location on 27th Avenue ensures high visibility and significant foot traffic, boasting an impressive Average Annual Daily Traffic (AADT) count of 29,500 vehicles. This makes it an ideal location for businesses seeking maximum exposure and customer interaction. The property is perfectly suited for a variety of retail or personal service businesses looking to establish a strong presence in Miami's vibrant market. The property's parcel number (APN) is 30-31-21-023-0200. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area of Miami, offering excellent potential for growth and profitability. The property's geographic coordinates are 25.8190798 latitude and -80.2408868 longitude. Serious inquiries only.

    Property profile
    Verified
    Property type Retail residential properties
    Use group STORES & APARTMENTS
    Year built 1954
    Construction CONCRETE
    Total area 3,508 SF
    Lot 0.2 ac (8,924 SF)
    Zoning code 6062
    APN 30-3121-023-0200
    UPID US18-8812375
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Beehive Salon Miami Hair Salon Nail Salon
    • Premier Tax Associates Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $625k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $467k
    Blend (final) Blend
    $690k
    Owner & transaction history
    Best Sports Corp · 2 yrs held
    Best Sports Corp
    since 2023
    Last sale
    $760,000
    7 recorded transactions
    2023
    $760,000
    2023
    2022
    $195,000
    2014
    $266,750
    2005
    2004
    $205,000
    2004
    $155,000
    Zoning & alternative use
    6062 · Miami, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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