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    6161 Miami Lk Dr Miami Lakes, FL 33014

    Sponsored
    For Sale
    $1,050,000

    Prime Location, High-Value Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 6161 S Miami Lakes Dr E #16B in Miami Lakes, Florida (33014), presents a rare investment opportunity. The 2,900 square foot building, constructed in 1997, is situated on two parcels (folios # 32-2024-031-0280 & 32-2024-031-0310) and offers versatile space ideal for a variety of commercial uses. Currently vacant, the property features a convenient Waterhouse overhead door, perfect for easy loading and unloading, making it suitable for retail, offices, light manufacturing, or storage. Its prime location in the heart of Miami Lakes ensures high visibility and accessibility. The property's value is further enhanced by the construction of a brand new building adjacent to the property, promising increased foot traffic and neighborhood revitalization. This presents a unique chance to acquire a well-positioned commercial space with significant upside potential in a thriving Miami Lakes community. The asking price is $1,050,000.

    Property Features for 6161 Miami Lk Dr

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • 2,900 SF mixed‑use building in Miami Lakes, FL.
    • Located at 6161 S Miami Lakes Dr E #16B (33014).
    • Built in 1997, situated on two parcels (folios # 32‑2024‑031‑0280 & 32‑2024‑031‑0310).
    • Features a Waterhouse overhead door, ideal for loading/unloading.
    • Currently vacant, suitable for retail, office, light manufacturing, or storage.
    • High visibility location in thriving Miami Lakes; adjacent to new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Lakes
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3003741
    Latitude
    25.911544

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    FAQs

    What type of property is this?
    Retail property - Prime Location, High-Value Potential
    Where is this retail property located?
    The property is located at 6161 Miami Lk Dr Miami Lakes, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 2,900 SF mixed-use building in Miami Lakes, FL.; Located at 6161 S Miami Lakes Dr E #16B (33014).; Built in 1997, situated on two parcels (folios # 32-2024-031-0280 & 32-2024-031-0310).
    Request Owner's contact information
    6161 Miami Lk Dr Miami Lakes, FL 33014
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    Miami Lakes, FL 33014
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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
    6161 Miami Lk Dr Miami Lakes, FL 33014
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