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    502 Palm Dr Florida City, FL 33034

    Sponsored
    For Lease
    $0.07 SF/Yr

    Prime Retail, 6,500 SF, New Construction

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,500 square foot retail space is located at 502 W Palm Dr, Florida City, FL 33034. Situated in a brand-new building, this single-tenant property boasts a prime location on the main street, adjacent to City Hall, ensuring high visibility and foot traffic. The property is zoned 6100 and features a triple net lease structure, with terms ranging from 3 to 5 years. Rental rates are $40.00 per square foot, plus CAM charges. With over 8,000 homes planned within a one-mile radius in the coming year, this presents a unique opportunity to establish a business in a rapidly growing community. The property's APN is 16-78-24-007-1800. This is an ideal space for businesses seeking high visibility and a strong presence in a thriving market. The building is newly constructed, offering modern amenities and a fresh, appealing aesthetic. Don't miss this chance to secure your place in this vibrant retail hub. Contact us to learn more and schedule a viewing.

    Property Features for 502 Palm Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF

    Unit(s) available at that property

    Space
    Size
    6,500 SF
    Rate per SF
    $0.07

    HighLights

    • 6,500 SF retail space at 502 W Palm Dr, Florida City, FL.
    • Brand new, single‑tenant building with high visibility on main street, adjacent to City Hall.
    • Triple net lease (3‑5 year terms), $40/SF + CAM.
    • High growth area: over 8,000 homes planned within 1 mile.
    • Zoned 6100; APN 16‑78‑24‑007‑1800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.483902
    Latitude
    25.4480537

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    Nearby Similar for Lease

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      Florida City Commercial Space Available

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, 6,500 SF, New Construction
    Where is this retail property located?
    The property is located at 502 Palm Dr Florida City, FL.
    What is the lease rate?
    The lease rate is $0.07 SF/Yr.
    What are key features of this property?
    This property features: 6,500 SF retail space at 502 W Palm Dr, Florida City, FL.; Brand new, single-tenant building with high visibility on main street, adjacent to City Hall.; Triple net lease (3-5 year terms), $40/SF + CAM.
    Request Owner's contact information
    502 Palm Dr Florida City, FL 33034
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    Florida City, FL 33034
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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
    502 Palm Dr Florida City, FL 33034
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