13700 11th Ave North Miami, FL 33161-3808
Property profile & analytics
13700 11th Ave North Miami, FL 33161-3808
- Office buildings
- 16,448 SF
- 0.58 lot acres
Property ID
US18-4765737
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
- Office buildings
Property Details for 13700 11th Ave
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 0.58 lot acres
- Property size
- 16,448 SF
- Zone code
- 6600:COMMERCIAL,LIBERAL
- Property type
- Office buildings
- APN
- 06-2219-007-0910
- APU
- 622190070910
Description
This exceptional two-story retail building, located at 13700 NE 11th Ave in North Miami, Florida (zip code 33161), presents a compelling investment opportunity. The 16,448 square foot property, built in 1988, sits on a 25,179 square foot lot and boasts 21 units currently at 95% occupancy under a Net Net lease structure with four years remaining on the lease. The building is zoned C-2 and offers ample parking with 49 spaces. Situated on W Dixie Hwy, this prime location benefits from high visibility and significant traffic exposure, averaging 18,900 vehicles daily. The property's strong performance is reflected in its 7.00% cap rate and $4,200,000 asking price. Surrounded by future development projects, this asset offers potential for value enhancement through lease optimization and possible future bonuses related to height and density. The building features a 40-year certification, ensuring long-term stability. This is a rare opportunity to acquire a well-established, multi-tenant retail center in a thriving North Miami location. The property is ideal for investors seeking a stable, high-performing asset with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,710,000
- ML approach
- $2,800,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,173,000
Market price range: $3.12M - $7.90M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,405,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1772
- Latitude
- 25.9021
- 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
$39,541
$1,007,160
$982,840
$1,990,000
-
$1,007,160
$982,840
$1,990,000
