2887 5Th Ave Miami, FL 33127
- Outlet malls
- 6,749 SF
- 0.28 lot acres
Current Use by Public Records
- Kidtopia Kafe / Event Venue
Property Details for 2887 5Th Ave
- Year built
- 1940
- Construction
- CONCRETE
- Lot size
- 0.28 lot acres
- Property size
- 6,749 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Outlet malls
- APN
- 01-3125-024-2890
- APU
- 131250242890
Description
This exceptional Miami-Dade County property, located at 2887 NW 5th Ave, offers 10,300 square feet of flexible creative office and retail space. Situated on a prominent corner in Wynwood's vibrant heart, this location boasts unparalleled visibility and walkability. The building is divisible into units as small as 1,100 square feet, or can be leased as a whole, providing flexibility for various business needs. Ideal for retailers, galleries, showrooms, or office users seeking a prime location within walking distance of Wynwood's best shops and restaurants. The property's four suites offer a unique opportunity to establish a presence in this thriving urban market, capitalizing on high foot traffic and exposure. With its convenient location and adaptable space, this property presents a compelling opportunity for businesses seeking a dynamic and visible location in the heart of Wynwood, Florida, zip code 33127. The building's total square footage is 10,300, with a minimum divisible space of 1,100 square feet and a maximum contiguous space of 10,300 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,020,000
- 6.5%
- $8,940,000
- 7%
- $8,940,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,930,000
- Geo Method
- $9,460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,255,000
- Retail
- $8,225,000
- Mixed-Use
- $8,260,000
- Hospitality
- $9,050,000
- Educational
- $7,815,000
- Residential Income
- $7,280,000
- Energy
- $7,300,000
- Income-Based Land
- $8,330,000
- Food Service
- $9,670,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2029
- Latitude
- 25.8035
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
