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    Property profile & analytics

    6345 1St Ave Miami, FL 33138

    • Commercial real estate
    • 4,750 SF
    For Sale
    View listing
    $327,135
    Value Estimation
    Location Intelligence
    Property ID
    US18-6875910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6345 1St Ave

    Property size
    4,750 SF
    Property type
    Commercial real estate
    APN
    0131130560090

    Description

    This exceptional 4,750 square foot residential lot, located at 6345 NE 1st Ave, Miami, FL 33138, presents a unique development opportunity. Zoned T5-R, this fee-simple property offers the potential to build two units, according to the provided information. The lot boasts approximately 52 feet of frontage on NE 1st Avenue and a depth of nearly 95 feet, totaling 0.11 acres. This centrally located parcel is situated in the Little River subdivision, a vibrant area just northwest of Edgewater and NIMO neighborhoods, offering convenient access to Downtown Miami, Miami Beach, and North Miami Beach. The property's location within Little River provides developers with significant advantages, given its proximity to thriving neighboring communities. While the assemblage of four similar lots offers the potential to build twenty-three units, this listing focuses on the individual 4,750 square foot parcel. The asking price for this single lot is $327,135. The parcel's APN is 0131130560090. This is an excellent opportunity for investors and developers seeking to capitalize on Miami's dynamic real estate market. The information provided suggests a buildable unit potential of two units for this specific lot.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1941
    Latitude
    25.834414

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      Biscayne Blvd Multifamily Land

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    6345 1St Ave
    Miami, FL 33138
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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
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