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Property profile & analytics
OFF-MARKET Estimated value $3,180,000
Manufacturing properties

2300 34th Ave Miami, FL 33142-6930

10,226 SF 0.39 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Property ID
US18-4274757
Property summary
AI-generated overview

This freestanding industrial building, situated on a 16,890 square foot corner lot in Miami-Dade County's rapidly developing Palmer Lake Metropolitan Urban Center, presents a unique investment opportunity. The 10,226 square foot building features approximately 1,000 square feet of office space, high ceilings (22 feet), three-phase power, and convenient loading options including one dock-high door and two street-level loading doors. A fenced yard enhances security and functionality. The property benefits from flexible zoning (6118), allowing for uses permitted under BU-2 and some uses under BU-3 zoning designations, expanding potential uses beyond traditional industrial applications. Its strategic location offers significant advantages. It's directly across from an Amazon Palmer Lake distribution center, east of Miami International Airport, and near the Miami Freedom Park development, as well as the established communities of Miami Springs and Doral. The area is experiencing substantial growth, further enhanced by the presence of four hotels within walking distance and ongoing commercial development projects. This combination of size, features, location, and zoning flexibility makes this property an attractive prospect for a variety of industrial and potentially other permitted uses. The property's single-tenant occupancy provides a straightforward investment opportunity. The APN is 30-31-28-009-1200.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction CONCRETE
Total area 10,226 SF
Lot 0.39 ac (16,898 SF)
Zoning code 6118
APN 30-3128-009-1200
UPID US18-4274757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Miami Fleet and Auto Service Center Auto Repair Shop
  • Intoxalock Ignition Interlock Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.20M
CAP Approach CAP
$2.12M
Comparable Approach Comparable
$2.98M
Blend (final) Blend
$3.18M
Owner & transaction history
Tropical Blue Realty LLC
Tropical Blue Realty LLC
since 2026
Last sale
$3.0M
2 recorded transactions
2026
$3.4M
2022
$3.0M
Zoning & alternative use
6118 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning and Zoning
Top alternative use upside
Commercial (general) $4.7M +97.7%
Medical building $4.5M +88.9%
Retail stores $3.0M +26.9%
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