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Property profile & analytics
OFF-MARKET Estimated value $740,000
Community centers

15402 77th Ct Miami Lakes, FL 33016-5803

3,003 SF 13.66 ac lot Built 1987
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US18-3529389
Property summary
AI-generated overview

This single-tenant retail property, located at 15402 NW 77th Ct in Miami Lakes, Florida, offers 2,573 square feet of space on an 18,976 square foot lot with cross easement parking. Built in 1987, this one-story building is situated in a thriving commercial area, boasting exceptional visibility and accessibility. The property benefits from its location within a major shopping center anchored by Winn-Dixie, alongside other established businesses such as Outback Steakhouse, Bank of America, Chase Bank, and numerous other popular retailers and service providers. The high traffic count, exceeding 23,500 vehicles daily on NW 154th Street and over 143,500 vehicles on the Palmetto Expressway (SR-826), ensures significant exposure. Furthermore, the property's proximity to over one million square feet of office space and a substantial daytime workforce (over 8,900 within one mile and over 55,000 within three miles) provides a robust customer base. The property is available for lease beginning February 2027. Note that this property is not suitable for financial institutions or banks. This exceptional location presents a unique opportunity for a variety of retail businesses seeking high visibility and strong foot traffic in a densely populated and commercially active area of Miami-Dade County.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction CONCRETE
Total area 3,003 SF
Lot 13.66 ac (595,070 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 32-2015-006-0010
UPID US18-3529389
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
$460k
CAP Approach CAP
$930k
Comparable Approach Comparable
by Request
Blend (final) Blend
$740k
Owner & transaction history
Royal Oaks Plaza INC
Royal Oaks Plaza INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +26.2%
Office building $975,000 +13.3%
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