1690 134th St North Miami, FL 33181-1707
This exceptional 10,565-square-foot flex/warehouse property in North Miami, Florida, presents a unique investment opportunity. Located at 1690 NE 134th St, this Class B building, built in 1968, offers 10,565 square feet of net rentable space across two stories. The property features impressive 18-foot ceilings and two roll-up loading doors, facilitating efficient operations. The zoning is M-1 Industrial District, allowing for a variety of uses. The 15,071-square-foot lot provides ample space, and the building is fully air-conditioned. The asking price is $3,499,000, translating to $331.19 per square foot. This owner/user investment is situated in a convenient North Miami location, offering easy access to major thoroughfares like Biscayne Boulevard and NE 123rd Street (Broad Causeway), providing convenient access to Miami Beach. The property is located in a low to moderate flood risk zone (outside of a FEMA flood zone). Twelve parking spaces are available on the property. This versatile space is ideal for various businesses or personal use, offering a blend of warehouse and office space. The property's central location and functional design make it an attractive option for discerning buyers.
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
7100:INDUSTRIAL,LIGHT MFG · North Miami, FLNorth Miami. 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.