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    20149 16Th Pl Miami, FL 33179

    Sponsored
    For Sale
    $575,000

    1,510 SF Warehouse Condo, Vacant

    Property size:
    1,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,510-square-foot industrial condo is located in the Ives Dairy Commerce Center in Miami, Florida, at 20149 NE 16th Pl, 33179. The property, built in 1989, features a Class B designation and is currently vacant. It boasts a 24-foot clear height and is fully air-conditioned, offering 100% HVAC. The unit includes a second-story office space, adding to its functionality. The property is situated within a secure, gated business park, providing a safe and controlled environment. Zoned IU-2, this condo offers significant potential for various industrial uses. Its convenient location offers easy access to major transportation arteries, including I-95 and Ives Dairy Road, placing it minutes away from Aventura, Sunny Isles, Hollywood, and Fort Lauderdale-Hollywood International Airport (FLL). The asking price is $575,000. The APN is 30-1232-026-0130. This property is offered individually, but an adjacent 7,244-square-foot condo is also available for purchase.

    Property Features for 20149 16Th Pl

    General Information

    Property type
    Distribution properties
    Square Feet
    1,510 SF
    Class
    B

    Building Details

    Year Built
    1989

    HighLights

    • 1,510 SF of space.
    • 24‑foot clear ceiling height.
    • 100% air‑conditioned space.
    • Secure gated business park setting.
    • Second‑floor office suite.
    • IU‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -80.168483392507
    Latitude
    25.961663274873

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    FAQs

    What type of property is this?
    Distribution property - 1,510 SF Warehouse Condo, Vacant
    Where is this distribution property located?
    The property is located at 20149 16Th Pl Miami, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 1,510 SF of space.; 24-foot clear ceiling height.; 100% air-conditioned space.
    Request Owner's contact information
    20149 16Th Pl Miami, FL 33179
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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
    20149 16Th Pl Miami, FL 33179
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