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    62 Ave South Miami, FL 33143

    Sponsored
    For Lease
    Contact for pricing

    High-Visibility Retail Space in South Miami

    Lot size:
    64,007 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail center, located at S. Dixie Hwy. & SW 62nd Ave in Miami, Florida (zip code 33143), offers 64,007 square feet of prime retail and restaurant space. The property boasts a total of five suites, with a minimum divisible space of 928 square feet and a maximum contiguous space of 5,388 square feet. Currently, 12,384 square feet are available for lease. The center benefits from excellent visibility on US1, a key thoroughfare, and enjoys a strategic location near the University of Miami, tapping into a strong and vibrant market. Ample parking is provided with 318 spaces available for customers and tenants. The property is classified as a shopping center and retail ground space, ideal for multiple tenants. This Miami-Dade County property presents a compelling opportunity for businesses seeking high-traffic exposure and a desirable location within a thriving community. The property's location offers easy access for customers and employees alike. This is a rare opportunity to secure retail space in a high-demand area. The available space is versatile and suitable for a variety of retail concepts.

    Property Features for 0 62 Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    64,007 SF

    Unit(s) available at that property

    Space
    Suite 5
    Size
    1,188 SF
    Space
    Suite 8
    Size
    928 SF
    Space
    Suite 12
    Size
    2,800 SF
    Space
    Suite 4
    Size
    5,388 SF
    Space
    Suite 2
    Size
    2,080 SF

    HighLights

    • 64,007 square feet of gross leasable area (GLA)
    • 318 parking spaces
    • Located in the Miami‑Fort Lauderdale‑West Palm Beach, FL metro area
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.293928
    Latitude
    25.699875

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    FAQs

    What type of property is this?
    Lifestyle center - High-Visibility Retail Space in South Miami
    Where is this lifestyle center located?
    The property is located at 62 Ave South Miami, FL.
    What are key features of this property?
    This property features: 64,007 square feet of gross leasable area (GLA); 318 parking spaces; Located in the Miami-Fort Lauderdale-West Palm Beach, FL metro area
    Request Owner's contact information
    62 Ave South Miami, FL 33143
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    South Miami, FL 33143
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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
    62 Ave South Miami, FL 33143
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