3910 2Nd Ave Miami, FL 33127
- Manufacturing properties
- 1,800 SF
- 0.23 lot acres
Current Use by Public Records
- Export Ski & Wake Marine / Boat Dealer
- Frauscher America / Boat Dealer
- Miami Nautique (Boats) / Boat Dealer / Boat Cover Supplier
Property Details for 3910 2Nd Ave
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.23 lot acres
- Property size
- 1,800 SF
- Zone code
- 4801:RESID-LIMITED RETAIL
- Property type
- Manufacturing properties
- APN
- 01-3124-002-0760
- APU
- 131240020760
Description
This exceptional 1,800 square foot office building, constructed in 1962, is situated on a large 10,100 square foot paved and fenced lot in Miami, Florida, zip code 33127. Its prime location offers unparalleled access to Miami's vibrant Design District, Midtown, and Wynwood, placing your business at the heart of the city's dynamic cultural and commercial scene. The building itself boasts a well-designed layout, including a dedicated conference room, multiple private offices, a welcoming reception area, and ample storage space. The expansive paved lot provides generous parking for cars and trucks, adding significant convenience and utility. This property benefits from excellent connectivity, being just two blocks from the Design District and four blocks from Midtown, with easy access to I-195/SR-112 via the North Miami Avenue ramp. Commuting to downtown Miami, the airport, and I-95 is also straightforward. The asking price for this exceptional property is $2,690,000. Additionally, the property is available for lease at $12,500 per month plus utilities, presenting a compelling investment opportunity with diverse income potential. This is a rare chance to acquire a well-maintained, strategically located office building in one of Miami's most sought-after neighborhoods.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $500,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $480,000
- Mixed-Use
- $470,000
- Hospitality
- $490,000
- Educational
- $445,000
- Residential Income
- $555,000
- Energy
- $490,000
- Income-Based Land
- $450,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1999
- Latitude
- 25.8127
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
