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Property profile & analytics
OFF-MARKET
Warehouses

20815 16Th Ave Miami, FL 33179

67,856 SF Built 1989
Property ID
Property summary
AI-generated overview

This exceptional industrial property at 20815 NE 16th Ave in Aventura offers 67,856 square feet of versatile manufacturing, flex, and warehouse space, ideal for multiple tenants. The property boasts a convenient location with direct access to the I-95/Ives Dairy Interchange, placing businesses within easy reach of major transportation routes. Units are available in sizes ranging from a minimum of 1,350 square feet to a maximum contiguous space of 3,000 square feet, with 4,350 square feet currently vacant. The building features impressive 16-foot clear ceiling heights, 48 drive-in doors, and a total of 96 parking spaces. Built in 1989, this high-quality structure sits on a 3.27-acre lot and is zoned IU-1, 7100 – Industrial Use Light. Security features include a gated entrance with a main gate house and security cameras throughout the property. Units offer high-end build-outs and are fully air-conditioned. The property's proximity to Ives Estate Park and its location just three miles from the beach add to its appeal. This is a truly exceptional opportunity to secure a prime industrial space in a highly desirable Aventura location. The property's superior construction and amenities make it the highest-quality building of its type within a 10-mile radius. The flexible unit sizes and layouts allow for customization to meet diverse business needs.

Property profile
Verified
Property type Warehouses
Year built 1989
Total area 67,856 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
Current use
Occupant on record · Public records
  • Baltic Shutters, Inc. General Contractor
  • IT Parts USA Inc Big Box & Wholesale Store
  • LFC Investments LLC General Contractor
  • ECUFAST Miami (Bike/Boat/Book/etc) Store Corporate Office
  • YOURHOME HOSPITALITY LLC Property Management Company Consultant
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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