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Property profile & analytics
OFF-MARKET Estimated value $1,595,000
Outlet malls

18148 19th Ave North Miami Beach, FL 33162-1606

7,145 SF 0.39 ac lot Built 1958
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-4131160
Property summary
AI-generated overview

This exceptional single-tenant office building, located at 18148 NE 19th Ave in North Miami Beach, Florida, presents a unique investment opportunity. The property boasts a substantial 7,145 square feet of space, ideal for a variety of office uses. Situated in the heart of North Miami Beach, this property benefits from excellent visibility and accessibility. The building's zoning is classified as 6300. The property's APN is 07-22-09-007-2370. This is a single-suite building, offering a cohesive and efficient workspace. The property's location in North Miami Beach, Florida, zip code 33162, provides convenient access to major transportation routes and a vibrant business community. The building's size and layout offer significant flexibility for businesses seeking a prominent presence in a desirable area. This is an exceptional opportunity to acquire a well-located, substantial office space in a thriving market. The property is ready for immediate occupancy, providing a seamless transition for businesses seeking a new home. Further details regarding the property's specifications and potential uses are available upon request. This is a rare opportunity to secure a prime commercial property in a high-demand location.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1958
Construction CONCRETE
Total area 7,145 SF
Lot 0.39 ac (17,078 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 07-2209-007-2370
UPID US18-4131160
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
$1.96M
Blend (final) Blend
$1.60M
Owner & transaction history
Krsm Investment INC · 11 yrs held
Krsm Investment INC
since 2015
2 recorded transactions
2015
$1.0M
2006
$234,000
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · North Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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