21290 Biscayne Blvd Aventura, FL 33180
This exceptional Class A, 23,000-square-foot retail storefront condo is ideally situated in Aventura, Florida, at 21290 Biscayne Blvd, zip code 33180. Built in 2024, this single-story property boasts 17,000 square feet of ground floor space with 18-foot ceilings and an additional 6,000 square feet of mezzanine space featuring 9-foot ceilings. The property includes 20 dedicated parking spaces, plus access to 157 shared spaces at the adjacent Serena Hotel, and a convenient valet drop-off area. Significant signage opportunities exist, including potential for a monument sign on Biscayne Boulevard and favorable eyebrow signage. The property benefits from in-place infrastructure, including stubbed bathrooms, a rear loading area, grease trap, venting shaft, and a back-of-house area suitable for food and beverage operations. Located at a signalized intersection with over 55,500 vehicles per day, this property enjoys excellent visibility and accessibility. Beneficial co-tenancy includes national brands such as Whole Foods, Target, Chick-fil-A, and Chase. The asking price is $13,500,000 ($586.96 per square foot), and the occupancy date is August 1, 2024. SBA financing options may be available. The property is integrated with a 166-bed assisted living facility and has direct access to the 100-room Serra Hotel. This presents a unique owner/user investment opportunity in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.