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Property profile & analytics
OFF-MARKET Estimated value $700,000
Turn key restaurants

18050 Collins Ave Sunny Isles Beach, FL 33160-2723

8,216 SF 0.54 ac lot Built 2003
Individually Owned 24-yr Hold Free & Clear
Property ID
US18-1633822
Property summary
AI-generated overview

This exceptional commercial property, located at 18050 Collins Avenue in Miami-Dade County, offers a rare opportunity for restaurant or retail businesses seeking prime space. The building totals 2,697 square feet and is currently entirely vacant, presenting a blank canvas for a discerning tenant. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,024 square feet to a maximum contiguous space of 1,655 square feet. This presents an ideal situation for either a single large tenant seeking significant space or multiple smaller businesses looking to share a vibrant location. The property's strategic location on Collins Avenue offers high visibility and accessibility, ensuring significant foot traffic and exposure to a diverse customer base. The building's design is adaptable to a variety of uses, making it suitable for a wide range of concepts. This is a unique chance to establish a presence in a thriving Miami-Dade County commercial corridor. The entire 2,697 square feet is available for lease, providing ample space for a substantial business venture or a collaborative arrangement between multiple tenants. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as both retail and restaurant space, making it suitable for a variety of businesses. Don't miss this chance to secure a prime location in a high-traffic area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction CONCRETE
Total area 8,216 SF
Lot 0.54 ac (23,519 SF)
Zoning code 8000:COMMUNITY FACILITY
APN 31-2211-082-0040
UPID US18-1633822
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k
Owner & transaction history
Fred E Est Kassner · 24 yrs held
Fred E Est Kassner
since 2001
1 recorded transaction
2001
$2.4M
Zoning & alternative use
8000:COMMUNITY FACILITY · Sunny Isles Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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