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    300 107Th Ave Miami, FL 33174

    For Sale
    $4,500,000

    Five Units, 3,712 SF, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail investment opportunity in Sweetwater, Florida, presents five contiguous storefront spaces totaling approximately 3,712 square feet of climate-controlled area. Located in a centrally situated shopping center just blocks from Florida International University's campus on SW 107th Avenue, this property offers significant potential. The building, constructed in 1988, comprises a single-story structure with five individual units currently configured as a cafeteria/shop, a cell phone repair store (both rented), a shoe store, and a warehouse (owner-occupied). The asking price for all five units is $4,500,000. The property is being sold "as is." This presents a unique chance to acquire a well-positioned retail center with existing tenants and the potential for further development or lease optimization. The individual units are side-by-side, offering flexibility for a single user or multiple tenants. The high-traffic location near FIU ensures a steady stream of potential customers. This is an excellent opportunity for investors seeking a strong return on investment in a vibrant and growing area. The property's location and existing tenant base make it an attractive proposition for both experienced and new investors in the commercial real estate market. Serious inquiries are encouraged.

    Property Features for 300 107Th Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    VaporXLounge Wholesaler Laguna Club East ... Condominium Complex Tax & Accoutning Services ... Tax Preparation Service Farmacia Cali Pharmacy Miami Discount Auto ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3691205
    Latitude
    25.7653251

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    FAQs

    What type of property is this?
    Retail property - Five Units, 3,712 SF, High Traffic
    Where is this retail property located?
    The property is located at 300 107Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    Request Owner's contact information
    300 107Th Ave Miami, FL 33174
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    Miami, FL 33174
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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
    300 107Th Ave Miami, FL 33174
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