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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21290 Biscayne Blvd Aventura, FL 33180

23,000 SF Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 23,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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