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    5901 2Nd Ave Miami, FL 33127

    For Lease
    $37 SF/Yr ($14,491 /Mo)

    High-visibility retail space, Miami, FL

    Lot size:
    4,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Miami retail property, located at 5901 NW 2nd Ave, offers 4,700 square feet of versatile space in a high-traffic area. The single-story building, constructed in 1954 and renovated in 2024, sits on a 0.19-acre lot and is zoned T5-L. The property features six suites, with a minimum divisible space of 760 square feet and a maximum contiguous space of 1,660 square feet. Currently, 3,940 square feet are vacant, presenting a significant opportunity for a variety of businesses. Its prime location on NW 2nd Ave ensures excellent visibility and accessibility, with convenient access to major roadways and public transportation. The open floor plan allows for adaptable use, accommodating diverse retail needs. Ample signage opportunities and high ceilings further enhance the property's appeal. This is an ideal location for retail, showroom, or any business seeking high visibility in a thriving commercial zone in Miami, FL (zip code 33127). The property's APN is 01-3113-063-0460. The building does not have elevators. This property offers a unique chance to establish or expand a business in a dynamic and highly visible location.

    Property Features for 5901 2Nd Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,700 SF
    Total Rate
    14491.67

    Building Details

    Year Built/Renovated
    1954/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    5901
    Size
    900 SF
    Rate per SF
    $50
    Space
    5909
    Size
    760 SF
    Rate per SF
    $37
    Space
    5907
    Size
    760 SF
    Rate per SF
    $37
    Space
    5903
    Size
    760 SF
    Rate per SF
    $37

    HighLights

    • 4,700 SF retail space in high‑traffic Miami location (5901 NW 2nd Ave, 33127).
    • Single‑story building, 0.19‑acre lot, renovated in 2024.
    • Six suites, 760‑1,660 SF each, 3,940 SF currently vacant.
    • Excellent visibility and accessibility, near major roadways and public transit.
    • Open floor plan, ample signage, high ceilings; T5‑L zoning; APN 01‑3113‑063‑0460.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.200194832778
    Latitude
    25.829579100692

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    FAQs

    What type of property is this?
    Medical office - High-visibility retail space, Miami, FL
    Where is this medical office located?
    The property is located at 5901 2Nd Ave Miami, FL.
    What is the lease rate?
    The lease rate is $37-$50 SF/Yr.
    What are key features of this property?
    This property features: 4,700 SF retail space in high-traffic Miami location (5901 NW 2nd Ave, 33127).; Single-story building, 0.19-acre lot, renovated in 2024.; Six suites, 760-1,660 SF each, 3,940 SF currently vacant.
    Request Owner's contact information
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    Miami, FL 33127
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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
    5901 2Nd Ave Miami, FL 33127
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