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Property profile & analytics
OFF-MARKET Estimated value $2,170,000
Manufacturing properties

1690 134th St North Miami, FL 33181-1707

6,600 SF 0.35 ac lot Built 1968
Entity Owned ~ Est. High Equity
Property ID
US18-4088912
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Construction CONCRETE
Total area 6,600 SF
Lot 0.35 ac (15,071 SF)
Zoning code 7100:INDUSTRIAL,LIGHT MFG
APN 06-2229-033-0280
UPID US18-4088912
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.26M
CAP Approach CAP
$1.37M
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$2.17M
Owner & transaction history
Phantom 4 LLC
Phantom 4 LLC
since 2025
Last sale
$3.0M
5 recorded transactions
2025
$3.0M
2024
Price N/A
2021
$2.0M
2015
$800,000
1997
$300,000
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.9M +63.9%
Retail stores $2.1M +20.9%
Warehouse, storage $2.0M +11.0%
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