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    777 72Nd Ave Miami, FL 33126

    Sponsored
    For Sale
    $190,000

    1,098 SF Retail Space, $190,000

    Property size:
    1,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,098 square foot storefront, located at 777 NW 72nd Ave #2132 in Miami, Florida, presents a remarkable investment opportunity. Situated on the second floor of a mixed-use building constructed in 1976, this space boasts a prime location within the Miami Merchandise Mart, adjacent to the DoubleTree Hotel. Its corner position offers two entrances, maximizing visibility and accessibility. The unit features attractive crystal glass, making it ideal for a variety of retail, wholesale, or office uses. The building's strategic location provides unparalleled convenience, with easy access to major transportation arteries including the 826 and 836 Expressways, and proximity to Miami International Airport. This turnkey opportunity is priced at $190,000. While furnished options are available at an additional cost, the space is also available for lease. The property is in Miami-Dade County, Florida, zip code 33126. This is a rare chance to acquire a high-traffic, well-positioned commercial space in a thriving Miami location.

    Property Features for 777 72Nd Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,098 SF

    Building Details

    Year Built
    1976

    HighLights

    • 1,098 SF storefront in Miami's Miami Merchandise Mart, located at 777 NW 72nd Ave #2132.
    • Second‑floor corner unit with two entrances, offering high visibility.
    • Attractive crystal glass storefront, suitable for retail, wholesale, or office use.
    • Prime location near DoubleTree Hotel, 826 & 836 Expressways, and Miami International Airport.
    • Turnkey opportunity priced at $190,000; lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fashion District Miami Wholesaler Salt and Pepper Seafood Restaurant Sun Moon Star ... Boutique Valeruz Inc Gift Shop RANEES RESORT WEAR ... Women'S Clothing Store

    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
    -80.3122899
    Latitude
    25.7777809

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    FAQs

    What type of property is this?
    Individual retail property - 1,098 SF Retail Space, $190,000
    Where is this individual retail property located?
    The property is located at 777 72Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: 1,098 SF storefront in Miami's Miami Merchandise Mart, located at 777 NW 72nd Ave #2132.; Second-floor corner unit with two entrances, offering high visibility.; Attractive crystal glass storefront, suitable for retail, wholesale, or office use.
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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
    777 72Nd Ave Miami, FL 33126
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