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    1601 32Nd Ave Miami, FL 33145

    Sponsored
    For Lease
    $35 SF/Yr

    6,420 SF Retail, High Visibility

    Lot size:
    6,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,420 square foot retail space is situated in a brand new, 42-unit multifamily development located at 1601 SW 32nd Ave, Miami, FL 33145. The property boasts a single-tenant occupancy and offers unparalleled visibility and high foot traffic due to its strategic location within the vibrant Coral Gables area. Ideal for a variety of retail businesses seeking a prominent presence in a thriving community, this space presents a unique opportunity to establish a successful enterprise. The building's modern design and prime location ensure maximum exposure to potential customers. This is a single-tenant retail space, providing an owner-occupier or tenant with complete control and flexibility. The property is conveniently located in Miami, Florida, offering easy access to major transportation routes and a diverse customer base. The address is 1601 SW 32nd Ave, Miami, FL 33145. This retail space is part of a larger development, ensuring a consistent flow of potential customers. The property's size and location make it an attractive option for businesses seeking to expand their reach in the Miami market. Further details are available in the property brochure.

    Property Features for 1601 32Nd Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,420 SF

    Unit(s) available at that property

    Space
    Size
    6,420 SF
    Rate per SF
    $35

    HighLights

    • 3,784 SF unit available.
    • 2,636 SF unit available.
    • New grease trap installed.
    • 10 parking spaces for retail tenants.
    • Dedicated trash room for retail tenants.
    • Convenient back‑door access to parking and trash disposal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sold To Developer -sidewalk Apartment Building R-I Auto Care ... Auto Repair Shop Queipo Flowers Florist

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage 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
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2464905
    Latitude
    25.7572595

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    FAQs

    What type of property is this?
    Retail property - 6,420 SF Retail, High Visibility
    Where is this retail property located?
    The property is located at 1601 32Nd Ave Miami, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 3,784 SF unit available.; 2,636 SF unit available.; New grease trap installed.
    Request Owner's contact information
    1601 32Nd Ave Miami, FL 33145
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    Miami, FL 33145
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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
    1601 32Nd Ave Miami, FL 33145
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