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    6508 18Th Ave Miami, FL 33147

    For Sale
    $200,000

    2,800 SF Vacant Lot, BU-2 Zoning

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,800 square foot vacant lot presents a remarkable commercial development opportunity in Miami, Florida. Located at 6508 NW 18th Ave, Miami, FL 33147, in Miami-Dade County, this property is zoned BU-2, allowing for a diverse range of commercial uses. The zoning permits retail establishments, service businesses, and other commercial ventures, making it ideal for developers, entrepreneurs, and business owners seeking a strategic location in a thriving market. Its prime location near major roadways ensures high visibility and convenient access, maximizing potential customer traffic. The asking price for this property is $200,000. This vacant lot offers unparalleled potential for building a retail storefront, office space, or a mixed-use commercial property, providing a solid foundation to bring your commercial vision to life. The property's strategic location within a bustling commercial area guarantees a steady flow of customers and clients, making it an attractive investment with significant growth potential. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly developing area of Miami.

    Property Features for 6508 18Th Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    2,800 SF

    HighLights

    • $200,000 asking price.
    • 2,800 square foot lot.
    • Special Purpose property type.
    • Located at 6508 NW 18th Ave, Miami, FL 33147.
    • BU‑2 zoning allows for retail, service businesses, and other commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.2272558
    Latitude
    25.8344059

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    FAQs

    What type of property is this?
    Specialty property - 2,800 SF Vacant Lot, BU-2 Zoning
    Where is this specialty property located?
    The property is located at 6508 18Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price.; 2,800 square foot lot.; Special Purpose property type.
    Request Owner's contact information
    6508 18Th Ave Miami, FL 33147
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    Miami, FL 33147
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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
    6508 18Th Ave Miami, FL 33147
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