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    18412 Homestead Ave Miami, FL 33157

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Retail, 1842 sq ft, High Traffic

    Lot size:
    1,842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,842 square foot retail space is located at 18412 Homestead Avenue in a brand new mixed-use building known as Bay Pointe. The property is a single-tenant space within a larger development featuring 269 residential apartments, providing a built-in customer base. Its strategic location offers significant advantages for businesses seeking high visibility and convenient access. The building is situated approximately two blocks from US-1 and about a mile from the Turnpike, ensuring excellent accessibility for both customers and employees. The zoning designation is 6174. The property's APN is 30-60-05-104-0010. This ground floor retail space is ideal for a variety of businesses seeking to capitalize on the high foot traffic generated by the residential component of the Bay Pointe development. The single-tenant occupancy provides flexibility and control, while the proximity to major roadways ensures easy access for customers from a wide geographic area. This presents a unique opportunity to establish a thriving business in a vibrant and rapidly growing community. The property offers a significant advantage with its built-in customer base from the adjacent residential units. This is a rare opportunity to secure a prime retail space in a thriving mixed-use development.

    Property Features for 18412 Homestead Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,842 SF

    Unit(s) available at that property

    Space
    Size
    1,842 SF
    Rate per SF
    $34

    HighLights

    • 1,842 sq. ft. retail space.
    • Single‑tenant occupancy.
    • Located at 18412 Homestead Ave.
    • Zoned 6174, APN 30‑60‑05‑104‑0010.
    • Two blocks from US‑1, one mile from the Turnpike.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.357193
    Latitude
    25.598158

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, 1842 sq ft, High Traffic
    Where is this retail property located?
    The property is located at 18412 Homestead Ave Miami, FL.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: 1,842 sq. ft. retail space.; Single-tenant occupancy.; Located at 18412 Homestead Ave.
    Request Owner's contact information
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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
    18412 Homestead Ave Miami, FL 33157
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