4055 17Th Ave Miami, FL 33142
- Outlet malls
- 3,815 SF
- 0.11 lot acres
Current Use by Public Records
- Renaissance Wholesale & Retail / Wholesaler
- All Pro Travel / Travel Agency / Airline
- UpperTEA / Cafe
- Blackman Music Group, Inc. / Music Producer
- C3 Computer Consultants Inc. / Computer Consultant
Property Details for 4055 17Th Ave
- Year built
- 1947
- Construction
- CONCRETE
- Lot size
- 0.11 lot acres
- Property size
- 3,815 SF
- Zone code
- 6101
- Property type
- Outlet malls
- APN
- 01-3123-038-0110
- APU
- 131230380110
Description
This exceptional special-purpose property, located at 4055 NW 17th Ave in Miami, Florida (zip code 33142), offers a unique investment opportunity. The single-tenant building boasts a total area of approximately 3,815 square feet, encompassing a 1400 square foot bay, ideal for a variety of commercial uses. Situated on NW 17th Ave, this property benefits from its proximity to Allapatah, Wynwood, and Miami's beaches, ensuring high visibility and accessibility. The building features a new air conditioning unit and impact windows, enhancing both comfort and security. With a total of three bays on the site and a prominent billboard, the property presents significant growth potential. The current tenant mix includes a tea shop and a nightly pool hall, creating a diverse customer base and networking opportunities. Convenient on-site and street parking is available, catering to both employees and customers. Furthermore, the Florida Department of Transportation reports an average daily traffic count exceeding 17,600 vehicles, highlighting the property's prime location and high traffic volume. The property is zoned 6101 (APN: 01-31-23-038-0110). This presents a compelling opportunity to establish or expand a business in a thriving Miami neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $385,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $490,000
- Mixed-Use
- $435,000
- Hospitality
- $495,000
- Educational
- $395,000
- Residential Income
- $480,000
- Energy
- $430,000
- Income-Based Land
- $445,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2238
- Latitude
- 25.8132
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
