1240 NW 74Th St Miami, FL 33147
Property Lookup
Property profile & analytics
1240 NW 74Th St Miami, FL 33147
- Warehouses
- 29,475 SF
- 1.48 lot acres
Property ID
US18-5578041
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.
Location Intelligence
Current Use by Public Records
- Movie Prop Rentals / Film Production / Television Studio
- 1240 NW 74th St Parking / Parking Lot & Garage
Property Details for 1240 NW 74Th St
- Year built
- 1961
- Construction
- CONCRETE
- Lot size
- 1.48 lot acres
- Property size
- 29,475 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Warehouses
- APN
- 30-3111-033-0033
- APU
- 3031110330033
Description
This exceptional 29,475-square-foot warehouse, situated on a 64,538-square-foot lot in Miami's West Little River, presents a compelling investment opportunity. Located in a Qualified Opportunity Zone, this single-story building boasts 18-foot ceilings, providing ample vertical space. The practical layout includes three loading docks, two with dock-high doors, enhancing operational efficiency. The property features a spacious open layout with a substantial outdoor area, ideal for various industrial uses. Internal improvements include numerous industrial fans and air conditioning in the main warehouse and office areas. The building is fully sprinklered and offers convenient front parking. Currently occupied by a thriving business generating approximately $1.1 million annually (available for sale separately, with potential lease-back options), this property offers significant upside potential in a rapidly developing neighborhood. The zoning is IU-1. The asking price is $7,400,000. This is a rare chance to acquire a substantial asset in a burgeoning area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,465,000
Market price range: $3.40M - $6.87M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $4,860,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2178
- Latitude
- 25.8417
- 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
$37,460
$1,936,140
$1,562,860
$3,499,000
-
$1,936,140
$1,562,860
$3,499,000
