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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Community centers
17070 Collins Ave Sunny Isles Beach, FL 33160-3635
Individually Owned
Absentee Owner
Free & Clear
Property ID
US18-5787239
Property summary
AI-generated overview
This exceptional office space, located at 17070 Collins Ave in Sunny Isles Beach, Florida, 33160, offers 120 square feet of versatile workspace. Situated in a Class B building constructed in 1956 and renovated in 2024, this property boasts a prime location with easy access to public transportation and parking. The two-story building features one elevator for convenient access. This suite is part of a multi-tenant building with a total of one suite. The space is immediately available and perfect for a freelancer, small business, or anyone seeking a dedicated workspace. Amenities include access to shared common areas, such as a kitchenette and conference room. The zoning is BU3, and the APN is 31-2211-004-0050. This is an excellent opportunity to establish a professional presence in the vibrant Sunny Isles Beach submarket. The minimum divisible space is 120 square feet.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1956
Construction
CONCRETE
Total area
110,337 SF
Lot
6.43 ac (280,000 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
31-2211-004-0050
UPID
US18-5787239
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
17070 COLLINS AVE SHOPPING CNTR
17070 COLLINS AVE SHOPPING CNTR
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Sunny Isles Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sunny Isles Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunny Isles Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$397,432
Tax year 2023
Assessed value
$26,496,000
Assessed 2023
Previous assessed
$26,496,000
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$18,620,000
Assessed improvement
$7,876,000
Land market value
$18,620,000
Improvement market value
$7,876,000
Total market value
$26,496,000
Applied tax rate
3,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
2
Total area
110,337 SF
Lot
6.43 ac (280,000 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
31-2211-004-0050
UPID
US18-5787239
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Sunny Isles Beach, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Sunny Isles Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunny Isles Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
6.43 ac
Current owner
From public records · entity-resolved
17070 COLLINS AVE SHOPPING CNTR
Individual
Free & Clear · 0 yrs held
Mailing address
17100 COLLINS AVE STE #225, SUNNY ISLES BEACH, FL 33160-3675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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