Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10201 Hammocks Blvd Miami, FL 33196
    Back to Search
    Property profile & analytics

    10201 Hammocks Blvd, Miami, FL 33196

    View on Map
    • Community centers
    • 188,557 SF
    • 26.33 lot acres
    For Lease
    $2,820,000
    View Listing →
    Retail Space in Hammocks Community For Lease
    $2,820,000
    1,440 SF

    Retail Space in Hammocks Community

    Retail space in a Publix-anchored shopping center.

    10201 Hammocks Blvd, Miami, FL
    View Listing
    Property ID
    US18-1913957
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • H&R Block / Tax Preparation
    • CVS / Pharmacy
    • Hammocks Veterinary Hospital / Veterinary Clinic
    • CVS Pharmacy y más / Pharmacy
    • Metro by T-Mobile / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 10201 Hammocks Blvd

    Year built
    1987
    Construction
    CONCRETE
    Lot size
    26.33 lot acres
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    30-5904-011-0010
    APU
    3059040110010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 13, 2017 — Hammocks Town Center LLC Dim Vastgoed Nv Warranty Deed —
    Dec 27, 2010 — Hammocks Town Center LLC Dim Vastgoed Nv Warranty Deed —
    Aug 2, 2006 — Dim Vastgoed Nv — Deed Of Trust · related $4M · Wachovia Bank NA
    Jan 25, 2006 — Dim Vastgoed Nv — Deed Of Trust · related $4M · Wachovia Bank NA
    Sep 12, 2005 — Dim Vastgoed Nv — Deed Of Trust · related $4M · Wachovia Bank NA
    Dec 28, 1999 $265,300 Taco Bell Of America INC Taco Bell Corp Grant Deed · related —
    Apr 1, 1999 $18,000,000 Dim Vastgoed Alexis Nihon Properties Corp Grant Deed —
    — — Dim Vastgoed Nv — Deed Of Trust · related —

    Description

    This exceptional retail opportunity is located within the vibrant Hammocks Town Center in Miami, Florida, within the 33196 zip code. The property boasts a total of 187,334 square feet, currently housing two suites. There are 1,672 square feet of immediately available retail space, divisible into units ranging from a minimum of 800 square feet to a maximum contiguous space of 872 square feet. This prime location benefits from high foot traffic generated by the adjacent Dade Public Library and the nearby Miami Ice Arena, ensuring consistent visibility and customer flow. The property is situated at 10201 Hammocks Blvd, Miami, Florida, in Miami-Dade County. This presents a unique chance to establish or expand a business in a thriving, master-planned community with a built-in customer base. The property's strategic location and ample space make it ideal for a variety of retail ventures. Serious inquiries are encouraged to explore this exceptional commercial real estate opportunity. Contact us today to learn more about leasing options and availability.

    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
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.442
    Latitude
    25.672
    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
    $492,316
    $13,073,360
    $27,497,640
    $40,571,000
    -
    $13,073,360
    $27,497,640
    $40,571,000

    Comparable in this City

    • Value Estimation
      $4,385,000
      13,304 SF

      14870 Kendall Dr

      MINI-MALL
      14870 Kendall Dr, Miami, FL 33196-1482
      View Details
    • Value Estimation
      $6,055,000
      17,703 SF

      11735 147th Ave

      MINI-MALL
      11735 147th Ave, Miami, FL 33196-3321
      View Details
    • Value Estimation
      $6,370,000
      90,180 SF

      16800 88th St

      MINI-MALL
      16800 88th St, Miami, FL 33196-5935
      View Details
    • Value Estimation
      $6,995,000
      96,565 SF

      16205 88th St

      MINI-MALL
      16205 88th St, Miami, FL 33196-4912
      View Details
    • Value Estimation
      $6,630,000
      20,038 SF

      15400 88th St

      MINI-MALL
      15400 88th St, Miami, FL 33196-1439
      View Details
    • Value Estimation
      $1,435,000
      19,530 SF

      15645 88th St

      MINI-MALL
      15645 88th St, Miami, FL 33196
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,439 SF

      Retail Space For Sale

      Retail space available with a 4.25% CAP rate.
      15701 SW 152Nd St, Miami, FL 33196
      View Details
    • $746,000

      Miami Office/Storefront Condo For Sale

      Versatile Miami condo ideal for restaurant, medical, or retail use.
      15420 SW 136Th St, Miami, FL 33196
      View Details
    • $650,000
      1,625 SF

      Miami Warehouse with Business Potential

      Versatile warehouse space suitable for various commercial uses.
      14911 SW 137Th St, Miami, FL 33196
      View Details
    • $99,000
      1,625 SF

      Kendall Warehouse and Business Opportunity

      Warehouse or established business for sale in Kendall, Florida.
      14911 SW 137Th St, Kendall, FL 33196
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Retail Space in Hammocks Community

      Retail space in a Publix-anchored shopping center.
      10201 Hammocks Blvd, Miami, FL 33196
      View Details
    • Contact for pricing

      Office Warehouse Near Miami Airport

      Office warehouse with flexible zoning near the Turnpike.
      15420 SW 136Th St, Miami, FL 33196
      View Details
    • Contact for pricing

      Corner Storefront Near Executive Airport

      Storefront with nice exposure across from Miami Executive Airport.
      15420 SW 136Th St, Miami, FL 33196
      View Details
    • Contact for pricing

      Accessible Miami-Dade Commercial Space

      Convenient commercial space near major expressways, suitable for various operations.
      15050 SW 137Th St, Miami, FL 33196
      View Details
    • Contact for pricing
      1,943 SF

      Retail Space in Kendall Square

      Ground floor retail space in a new mixed-use development.
      16950 SW 93Rd St, Miami, FL 33196
      View Details
    • Contact for pricing

      Bank Space in Busy Center

      Bank space with drive-thru lanes in a supermarket-anchored center.
      16211 SW 88Th St, Miami, FL 33196
      View Details
    View Listing
    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.
    10201 Hammocks Blvd
    Miami, FL 33196
    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
    10201 Hammocks Blvd, Miami, FL, 33196
    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!