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136 83Rd St Miami, FL 33138

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Estimated value
No estimation on file for this property yet.
Property ID US18-5975372

Property summary

AI-generated overview

This exceptional 786-square-foot special purpose property, located at 136 NE 83rd Street, presents a unique investment opportunity. Currently configured as a single-tenant space, it boasts a fully renovated interior featuring two spacious bedrooms and two stylish bathrooms. A versatile den adds to the property's functionality, providing flexibility for various uses. The true highlight is the expansive backyard, perfect for hosting large-scale events, gatherings, or simply enjoying outdoor relaxation. The bright, open floor plan creates a warm and inviting atmosphere, ideal for creating memorable experiences. The property is zoned 61/COMME, and its APN is 01-31-12-008-0330. Situated in a vibrant and rapidly developing Miami neighborhood, this property offers significant potential for a variety of commercial uses, capitalizing on the area's growth and demand for unique event spaces. The single-suite building provides ease of management and control, making it an attractive option for investors seeking a low-maintenance, high-impact property. This is a rare opportunity to acquire a turnkey event space in a prime Miami location.

Property profile

Verified
Property type Specialty properties
UPID US18-5975372

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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