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    2170 24Th Ave Miami, FL 33142

    For Sale
    $1,500,000

    $1.5M Warehouse, High Visibility, Redevelopment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 4,528 square foot warehouse, built in 1975, sits on a 6,960 square foot lot in Miami, Florida (33142). Currently zoned for industrial use (7700), the property presents a compelling redevelopment opportunity with significant upside potential. Located in a stable business environment, it offers long-term growth prospects. Its strategic location provides excellent accessibility, boasting proximity to commuter rail and the airport. High visibility from 22,100 daily drivers ensures strong exposure for any business. The warehouse features two convenient garage roll-up doors, enhancing its functionality for various industrial operations. The asking price is $1,500,000. This property is an excellent investment opportunity in a prime Miami industrial area. The address is 2170 NW 24th Ave, Miami, Miami-Dade County, Florida.

    Property Features for 2170 24Th Ave

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1975

    HighLights

    • 4,528 SF warehouse on a 6,960 SF lot in Miami, FL (33142).
    • Industrially zoned (7700), offering redevelopment potential.
    • Excellent location near commuter rail and airport, with high visibility to 22,100 daily drivers.
    • Two roll‑up doors.
    • Asking price: $1,500,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2360741
    Latitude
    25.7967717

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    FAQs

    What type of property is this?
    Distribution property - $1.5M Warehouse, High Visibility, Redevelopment Potential
    Where is this distribution property located?
    The property is located at 2170 24Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 4,528 SF warehouse on a 6,960 SF lot in Miami, FL (33142).; Industrially zoned (7700), offering redevelopment potential.; Excellent location near commuter rail and airport, with high visibility to 22,100 daily drivers.
    Request Owner's contact information
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    Miami, FL 33142
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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
    2170 24Th Ave Miami, FL 33142
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