Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10 3rd St Florida City, FL 33034-3573
    Back to Search
    Property profile & analytics

    10 3rd St, Florida City, FL 33034-3573

    View on Map
    • Outlet malls
    • 18,293 SF
    • 0.68 lot acres
    Off-Market
    Property ID
    US18-3072146
    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.
    Value Estimations
    $2,700,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 10 3rd St

    Year built
    1997
    Construction
    CONCRETE
    Lot size
    0.68 lot acres
    Zone code
    6000:COMMERCIAL,GENERAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    16-7919-001-0383
    APU
    1679190010383

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 2, 2026 $3,250,000 10 Ne 3rd Street LLC Shiver Properties INC Warranty Deed $1.4M
    Mar 2, 2023 — Miami Dade County Fl By Shiver Prop — Deed · related $1.5M · City First Mortgage Corp
    May 2, 2008 — Shiver Properties INC — Trustees Deed · related $1.1M · Community Bank Of Florida
    — — Shiver Properties INC — Deed Of Trust · related $1.1M · Community Bank Of Florida

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Florida City
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.4764
    Latitude
    25.4511
    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
    $28,802
    $738,400
    $752,186
    $1,490,586
    -
    $738,400
    $752,186
    $1,490,586

    Comparable in this City

    • Value Estimation
      $2,995,000
      15,616 SF

      139 Redland Rd

      WHOLESALE OUTLET, DISCOUNT STORE
      139 Redland Rd, Florida City, FL 33034-3105
      View Details
    • Value Estimation
      $725,000
      3,341 SF

      450 Davis Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE
      450 Davis Pkwy, Florida City, FL 33034-3215
      View Details
    • Value Estimation by Request
      936 SF

      536 Palm Dr

      WHOLESALE OUTLET, DISCOUNT STORE
      536 Palm Dr, Florida City, FL 33034-3220
      View Details
    • Value Estimation
      $2,205,000
      9,542 SF

      580 Palm Dr

      WHOLESALE OUTLET, DISCOUNT STORE
      580 Palm Dr, Florida City, FL 33034-3220
      View Details
    • Value Estimation
      $745,000
      5,415 SF

      35800 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      35800 Dixie Hwy, Florida City, FL 33034-5603
      View Details
    • Value Estimation
      $1,310,000
      7,530 SF

      35412 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      35412 Dixie Hwy, Florida City, FL 33034-5610
      View Details

    Similar Nearby for Sale

    • $2,500,000
      1.47 Acres

      Prime Commercial Land Opportunity

      1.47-acre C-2 zoned land suitable for various businesses.
      Davis Pkwy, Florida City, FL 33034
      View Details
    • Contact for pricing
      7,050 SF

      Profitable Gas Station in Homestead

      Renovated gas station with multiple income streams in Homestead, Florida.
      Property Gas Statio Gas Sta, Homestead, FL 33034
      View Details
    • Contact for pricing
      18,612 SF

      Retail Showroom on Dixie Highway

      18,612 SF retail showroom on 1.60 acres.
      33493 S Dixie Hwy, Homestead, FL 33034
      View Details
    • Contact for pricing

      Retail Space in Beauty Salon

      Sub-rent space inside a busy beauty and barber salon.
      33521 S Dixie Hwy, Homestead, FL 33034
      View Details
    • Contact for pricing

      Prime Retail Assemblage Opportunity

      3.83 acres in Homestead's high-traffic commercial hub.
      SE 8Th St, Homestead, FL 33034
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,034 SF

      Retail Space in Florida City

      Retail space with premier exposure and national tenants.
      33550 S Dixie Hwy, Homestead, FL 33034
      View Details
    • Contact for pricing
      7,034 SF

      Retail Space in Florida City

      Retail space available within a shopping center with national tenants.
      33290 S Dixie Hwy, Homestead, FL 33034
      View Details
    • $25 SF/Yr
      32,670 SF

      Florida City Retail/Restaurant/Medical Space

      Retail, restaurant, medical, and daycare spaces for lease.
      881 W Palm Dr, Florida City, FL 33034
      View Details
    • $25 SF/Yr
      32,670 SF

      Florida City Retail Space Available

      Retail spaces for lease near Florida Keys gateway.
      Florida City, FL 33034
      View Details
    • Contact for pricing

      Salon Space Sub-Rental Opportunity

      Sub-rent space in Ariane Beauty and Barber Salon.
      33521 S Dixie Hwy, Homestead, FL 33034
      View Details
    • $6,500 /Mo
      22,181 SF

      Florida City Commercial Building Lease

      Commercial building for lease with parking near Florida Turnpike.
      1400 NW 3Rd Ave, Florida City, FL 33034
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10 3rd St
    Florida City, FL 33034-3573
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10 3rd St, Florida City, FL, 33034
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!