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    3910 2Nd Ave Miami, FL 33127

    For Sale
    $2,690,000

    Design District Office Building - Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1,800 square foot office building, constructed in 1962, is situated on a large 10,100 square foot paved and fenced lot in Miami, Florida, zip code 33127. Its prime location offers unparalleled access to Miami's vibrant Design District, Midtown, and Wynwood, placing your business at the heart of the city's dynamic cultural and commercial scene. The building itself boasts a well-designed layout, including a dedicated conference room, multiple private offices, a welcoming reception area, and ample storage space. The expansive paved lot provides generous parking for cars and trucks, adding significant convenience and utility. This property benefits from excellent connectivity, being just two blocks from the Design District and four blocks from Midtown, with easy access to I-195/SR-112 via the North Miami Avenue ramp. Commuting to downtown Miami, the airport, and I-95 is also straightforward. The asking price for this exceptional property is $2,690,000. Additionally, the property is available for lease at $12,500 per month plus utilities, presenting a compelling investment opportunity with diverse income potential. This is a rare chance to acquire a well-maintained, strategically located office building in one of Miami's most sought-after neighborhoods.

    Property Features for 3910 2Nd Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1962
    Buildings
    1

    HighLights

    • 1,800 SF office building on a 10,100 SF paved & fenced lot in Miami, FL 33127.
    • Prime location near Miami's Design District, Midtown, & Wynwood.
    • Features a conference room, private offices, reception area, & ample storage.
    • Ample on‑site parking.
    • Excellent access to I‑195/SR‑112, downtown Miami, and the airport.
    • Asking price: $2,690,000; Lease rate: $12,500/month + utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Export Ski & Wake ... Boat Dealer Frauscher America Boat Dealer Miami Nautique (Boats) Boat Dealer

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.199716
    Latitude
    25.8127641

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    FAQs

    What type of property is this?
    Office Property / Space - Design District Office Building - Investment Opportunity
    Where is this office property / space located?
    The property is located at 3910 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,690,000.
    What are key features of this property?
    This property features: 1,800 SF office building on a 10,100 SF paved & fenced lot in Miami, FL 33127.; Prime location near Miami's Design District, Midtown, & Wynwood.; Features a conference room, private offices, reception area, & ample storage.
    (305) 283-3898
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    3910 2Nd Ave Miami, FL 33127
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    Miami, FL 33127
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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
    3910 2Nd Ave Miami, FL 33127
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