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Property profile & analytics
FOR SALE
Retail residential properties

4840 NW 27Th Ave Miami, FL 33142

3,508 SF 0.2 ac lot Built 1954
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-8812375
Property summary
AI-generated overview

This exceptional retail property, located at 4840 NW 27th Ave #B in Miami, Florida, 33142, offers 2,300 square feet of prime commercial space. The property is a single-tenant building (Suite B) within a larger complex, zoned 6062. Its strategic location on 27th Avenue ensures high visibility and significant foot traffic, boasting an impressive Average Annual Daily Traffic (AADT) count of 29,500 vehicles. This makes it an ideal location for businesses seeking maximum exposure and customer interaction. The property is perfectly suited for a variety of retail or personal service businesses looking to establish a strong presence in Miami's vibrant market. The property's parcel number (APN) is 30-31-21-023-0200. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area of Miami, offering excellent potential for growth and profitability. The property's geographic coordinates are 25.8190798 latitude and -80.2408868 longitude. Serious inquiries only.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1954
Construction CONCRETE
Total area 3,508 SF
Lot 0.2 ac (8,924 SF)
Zoning code 6062
APN 30-3121-023-0200
UPID US18-8812375
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
  • The Beehive Salon Miami Hair Salon Nail Salon
  • Premier Tax Associates Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
$467k
Blend (final) Blend
$690k
Owner & transaction history
Best Sports Corp · 2 yrs held
Best Sports Corp
since 2023
Last sale
$760,000
7 recorded transactions
2023
$760,000
2023
Price N/A
2022
$195,000
2014
$266,750
2005
Price N/A
2004
$205,000
2004
$155,000
Zoning & alternative use
6062 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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