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    9823 4 Ave Miami Shores, FL 33138

    For Sale
    $3,500,000

    Church & School, 22,480+ SF AC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Miami Shores property, located at 9823 NE 4th Ave, presents a unique investment opportunity. Situated on an entire city block encompassing over 37,121 square feet, this special purpose property currently operates as a thriving church and school. The main sanctuary boasts a seating capacity of up to 350 people, complemented by a smaller chapel accommodating 75-100 individuals. The property also includes a fully equipped kitchen, a spacious hall/lunchroom facility, a stage, and several offices. A significant portion of the property, over 22,480 square feet, is climate-controlled. A notable feature is the two-story school wing, with both floors currently leased to educational institutions. Furthermore, a small apartment is included on the premises. Built in 1930, this property offers substantial potential for various uses, given its size, existing infrastructure, and prime location in the heart of Miami Shores, Florida, zip code 33138. The asking price for this remarkable property is $3,500,000. Detailed information and floor plans are available upon request.

    Property Features for 9823 4 Ave

    General Information

    Property type
    Schools

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Read and Play Montessori Education Center Primer Microschools - Miami ... School Miami Shores Community ... Elementary School Association des Petits ... French Language School Miami Shores Community ... United Church Of Christ

    Suggested Use

    Law Firm Realty agency 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 Shores
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1888905
    Latitude
    25.865907

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    FAQs

    What type of property is this?
    School - Church & School, 22,480+ SF AC
    Where is this school located?
    The property is located at 9823 4 Ave Miami Shores, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    Request Owner's contact information
    9823 4 Ave Miami Shores, FL 33138
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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
    9823 4 Ave Miami Shores, FL 33138
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