161 24th St, Miami, FL 33137-5800
This exceptional 7,025 square foot flex space at 161 NE 24th Street, Miami, FL 33137, presents a unique opportunity in the thriving Edgewater neighborhood. Located in a dynamic area experiencing significant growth, this single-tenant property offers unparalleled versatility. The building's zoning is 6110, allowing for a variety of uses, including retail, office, or creative endeavors. The modern, open layout boasts high ceilings and abundant natural light, providing a flexible and inspiring workspace. Its 6,500 square foot footprint offers ample room for customization to suit specific business needs. The property benefits from high visibility and significant foot traffic, ensuring maximum exposure for your business. Its convenient location provides easy access to major highways and the Design District, enhancing connectivity and accessibility. Surrounded by a blend of residential and commercial developments, this property is ideally positioned for businesses seeking to thrive in a vibrant and rapidly expanding community. The property's APN is 01-31-25-009-0300. This is a rare opportunity to secure a prime commercial space in one of Miami's most sought-after locations.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FLMiami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.