Technical
Financial
Distress signals
Property profile

17450 Biscayne Blvd Aventura, FL 33160

OFF-MARKET
Bars & Pubs
Property ID
US18-6061820
5,878 SF 1.3 ac lot Built 1995
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail space, located at 17450 Biscayne Boulevard in the Aventura area, offers a significant opportunity for businesses seeking high visibility and foot traffic. The property boasts a total of 23,426 square feet of vacant space, presenting a blank canvas for a variety of retail concepts. Its prime location on Biscayne Boulevard ensures maximum exposure to the bustling community and its many visitors. The property benefits from its proximity to high-performing restaurants and is within two miles of Aventura Mall, a major regional shopping destination attracting over 28 million visitors annually. This strategic location places the property within a thriving commercial hub, surrounded by numerous national brands and over 2.3 million square feet of office space within a three-mile radius. The available space is highly adaptable, with up to 8,837 square feet potentially available, making it suitable for a range of retail businesses. This is a rare opportunity to establish a presence in one of South Florida's most desirable commercial areas. The property is offered as a single-tenant space, providing complete control and flexibility for the lessee. This location offers unparalleled access to a large and affluent customer base, making it an ideal investment for discerning businesses. Inquire today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1995
Construction CONCRETE
Total area 5,878 SF
Lot 1.3 ac (56,626 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 07-2209-009-0090
UPID US18-6061820

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17450 Biscayne Blvd Aventura, FL 33160-4808
Aventura metro Census 128 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2014
$4.0M

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Aventura, FL
Top alternative use upside
Auto repair, garage $915,000 +42.6%
Industrial (general) $885,000 +38.7%
Restaurant $785,000 +22.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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