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    775 71St St Miami, FL 33150

    Sponsored
    For Sale
    $17,000,000

    55,000 SF Warehouse, Fully Renovated

    Property size:
    55,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 55,000-square-foot warehouse, located at 775 NW 71st St, Miami, FL 33150, presents a significant investment opportunity. Built in 1952 and extensively renovated in 2021, this two-story industrial property boasts a prime location in Miami-Dade County. The warehouse features four dock-high doors, providing ample loading and unloading capabilities. Three oversized doors on the west side offer three dock positions and a large ramp, while the east side includes one van-height door with the potential to reopen two additional van-height doors. The building also includes a substantial 4,986-square-foot office/showroom area and a 3,865-square-foot mezzanine, offering versatile space for various business needs. A foreman's office adds to the functional layout. The 20-foot clear ceiling height accommodates high-volume storage, and the property benefits from heavy power and a recently completed 40-year certification. Recent renovations encompass a new roof, warehouse windows, bathrooms, offices, and showroom, ensuring modern functionality. The property is fully sprinklered, enhancing safety and security. This vacant warehouse, priced at $17,000,000 ($309.09/sq ft), offers a rare chance to acquire a meticulously updated industrial space in a thriving Miami location. The property is ready for immediate occupancy.

    Property Features for 775 71St St

    General Information

    Property type
    Distribution properties
    Square Feet
    55,000 SF

    Building Details

    Year Built/Renovated
    1952/2021
    Buildings
    1
    Stories
    2

    HighLights

    • $17,000,000 asking price for this vacant 55,000 SF warehouse.
    • Located at 775 NW 71st St, Miami, FL 33150 in Miami‑Dade County.
    • Features 20' clear ceiling height, 4 dock‑high doors (including 3 oversized doors with 3 dock positions and a large ramp), and a 4,986 SF office/showroom with a 3,865 SF mezzanine.
    • Recently renovated (2021) with a new roof, windows, bathrooms, offices, and showroom; also features heavy power and a fully sprinklered system.
    • Built in 1952, with a recent 40‑year certification completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rex Discount Wholesale ... Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2100833
    Latitude
    25.8399135

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    FAQs

    What type of property is this?
    Distribution property - 55,000 SF Warehouse, Fully Renovated
    Where is this distribution property located?
    The property is located at 775 71St St Miami, FL.
    What is the asking price?
    The asking price for this property is $17,000,000.
    What are key features of this property?
    This property features: $17,000,000 asking price for this vacant 55,000 SF warehouse.; Located at 775 NW 71st St, Miami, FL 33150 in Miami-Dade County.; Features 20' clear ceiling height, 4 dock-high doors (including 3 oversized doors with 3 dock positions and a large ramp), and a 4,986 SF office/showroom with a 3,865 SF mezzanine.
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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
    775 71St St Miami, FL 33150
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