Property profile

163 24Th St Miami, FL 33137

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 6,500-square-foot commercial space is ideally situated in Miami's vibrant Edgewater neighborhood, at 163 NE 24th Street, near NE 2nd Ave. The property boasts a Class A designation and is perfect for a variety of uses, including retail, office, gym, or nursery, thanks to its versatile layout and two fully built-out bathrooms located at the rear. The single-tenant space offers incredible street frontage on NE 24th Street, providing ample natural light through storefront windows. Located in Miami-Dade County, this property benefits from the thriving Edgewater submarket. The annual property taxes are $4.50 per square foot. This exceptional opportunity is available for lease, with occupancy commencing January 1st, 2024. The property's prime location and flexible design make it an ideal investment for businesses seeking a high-visibility presence in a dynamic and desirable area of Miami.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization

Location

163 24Th St Miami, FL 33137
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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