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Property profile & analytics

5040 2Nd Ave Miami, FL 33137

  • Automotive properties
  • 814 SF
  • 0.10 lot acres
For Lease
Last Sale
Mar 14, 2022
$1,300,000
Value Estimations
$1,440,000
Cap Rate Potential
Location Intelligence
Property ID
US19-0339635
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

  • Archetti's Bakery / Kosher Restaurant / Bakery
  • Palapa / Event Venue / Restaurant
  • Amaroo / Boutique / Jewelry Store
  • Upper Buena Vista / Shopping Mall

Property Details for 5040 2Nd Ave

Year built
1937
Construction
CONCRETE
Lot size
0.10 lot acres
Property size
814 SF
Zone code
3901:KING HTS ORCHARD VI
Property type
Automotive properties
APN
01-3124-012-0770
APU
131240120770

Description

This exceptional 1,000-square-foot retail space is ideally situated at 5040 NE 2nd Ave in Miami, Florida (zip code 33137), offering unparalleled visibility at the entrance to the prestigious Upper Buena Vista neighborhood. The property, zoned 3901, features a single-tenant occupancy and is presented in a gross (NNN) format. The building itself boasts a unique aesthetic, highlighted by an exposed wood ceiling and a striking storefront design. The facade incorporates a glass door and a clouding element, all accented by pale bohemian tones that complement the surrounding area. The property benefits from its prominent location along NE 2nd Avenue, providing excellent exposure to potential customers. The space is versatile and suitable for a showroom, retail business, or other general commercial ventures. A large, established tree provides shade and adds to the property's charm. The property's APN is 01-31-24-012-0770. This is a rare opportunity to secure a highly visible and attractive retail space in a thriving Miami neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,440,000
    ML approach
    $1,410,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-dade
State
Florida
Longitude
-80.1919
Latitude
25.8219
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,833
$840,000
$46,803
$886,803
-
$840,000
$46,803
$886,803
More about this property
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