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    32 1St Ave Miami, FL 33132

    Sponsored
    For Sale
    $2,500,000
    Property size:
    2,740 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 32 1St Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,740 SF

    Building Details

    Year Built
    1925
    Buildings
    3
    Stories
    1
    Units
    3

    HighLights

    • Three‑building retail property totaling 2,740 sq ft adjusted area and 2,500 sq ft leasable area.
    • Folio numbers 01‑0111‑060‑1040 and 01‑0111‑060‑1050; Addresses: 26, 30, and 32 NE 1st Avenue, Miami.
    • T6‑80 O (CBD) zoning per Miami 21 Atlas.
    • Prime location near Mana Common development, adjacent to recent Mana acquisition.
    • Excellent access to public transportation: Metro Rail, People Mover, and Brightline.
    Property Profile Location Intelligence

    Current Use by Public Records

    DELIVERY PRIMETIME LLC Delivery Restaurant

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1920943
    Latitude
    25.7747806

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    FAQs

    Where is this individual retail property located?
    The property is located at 32 1St Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Three-building retail property totaling 2,740 sq ft adjusted area and 2,500 sq ft leasable area.; Folio numbers 01-0111-060-1040 and 01-0111-060-1050; Addresses: 26, 30, and 32 NE 1st Avenue, Miami.; T6-80 O (CBD) zoning per Miami 21 Atlas.
    Request Owner's contact information
    32 1St Ave Miami, FL 33132
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    Miami, FL 33132
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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
    32 1St Ave Miami, FL 33132
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