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Property profile & analytics
OFF-MARKET Estimated value $3,340,000
Manufacturing properties

12355 13th Ave North Miami, FL 33161-5972

28,290 SF 1.11 ac lot Built 1961
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5185844
Property summary
AI-generated overview

This exceptional 2021-built North Miami property, located at 12355 NE 13 Ave, 33161, offers a unique blend of retail and industrial space, ideal for a thriving business. Currently configured as a fully operational brewery and taproom, this turnkey opportunity boasts high-end fixtures and furniture. The spacious layout includes comfortable interior seating for 46 and ample exterior seating for an additional 62 patrons. The property benefits from a highly desirable location, just steps from the new North Miami commuter rail station, providing convenient access for both employees and customers. With 8 dedicated parking spaces included in the lease, plus access to a shared parking lot and concrete pad, parking is readily available. The lease has 8 years remaining. The property is situated on the east-facing bay and exterior space of the building, west of the railroad tracks, and approximately 150 meters south of the new 123rd Street Station on the Northeast Corridor commuter rail line. This strategic location is further enhanced by the construction of over 400 residential units within a 1km radius, ensuring a strong and growing customer base. The asking price for this remarkable property is $250,000.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1961
Construction CONCRETE
Total area 28,290 SF
Lot 1.11 ac (48,306 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 06-2229-042-0250
UPID US18-5185844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.34M
Owner & transaction history
Ribeiro Intl Invs II LLC · 10 yrs held
Ribeiro Intl Invs II LLC
since 2016
4 recorded transactions
2016
$2.1M
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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