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    20 34Th Ave Miami, FL 33135

    For Sale
    $1,400,000

    0.33-acre lot, excellent potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.33-acre (14,521 sq ft) commercial lot is ideally situated on a prime corner in Miami, Florida, at 20 SW 34th Ave, 33135. Its location offers significant advantages for various commercial ventures. The property presents a fantastic opportunity for developers and investors seeking a strategic foothold in a thriving area. The lot's size allows for considerable flexibility in development plans, catering to a range of commercial uses. Its convenient location provides easy access to a wealth of amenities, including nearby shopping centers, restaurants, and parks, ensuring high visibility and attracting a substantial customer base. Note that an adjacent lot is also available for purchase, presenting the unique possibility of acquiring a whole street block on Flagler Street, significantly expanding development potential. This presents a rare opportunity to secure a substantial commercial holding in a prime Miami location. The asking price for this exceptional property is $1,400,000. Serious inquiries are encouraged.

    Property Features for 20 34Th Ave

    General Information

    Property type
    Land
    Lot Size
    14,375 SF

    HighLights

    • $1,400,000 asking price.
    • 0.33‑acre commercial land parcel.
    • Located at 20 SW 34th Ave, Miami, FL 33135.
    • Prime corner lot with excellent retail/commercial potential.
    • Adjacent lot also available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery 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
    -80.251627
    Latitude
    25.771603

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    FAQs

    What type of property is this?
    Land - 0.33-acre lot, excellent potential
    Where is this land located?
    The property is located at 20 34Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 0.33-acre commercial land parcel.; Located at 20 SW 34th Ave, Miami, FL 33135.
    Request Owner's contact information
    20 34Th Ave Miami, FL 33135
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    Miami, FL 33135
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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
    20 34Th Ave Miami, FL 33135
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