Property profile

1845 Bay Rd Miami Beach, FL 33139

OFF-MARKET
Retail residential properties
Property ID
US18-2710161
2,078 SF 0.18 ac lot Built 1939
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1939
Construction CONCRETE
Total area 2,078 SF
Lot 0.18 ac (8,000 SF)
Zoning code 7000:INDUSTRIAL,GENERAL
APN 02-3233-013-0100
UPID US18-2710161

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store
  • Car Wash
  • Cafe & Coffee Shop

Location

1845 Bay Rd Miami Beach, FL 33139-1415
Miami Beach metro Census 4106 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$364k
Blend (final) Blend
$525k

Owner & transaction history

since 2013
3 recorded transactions
2024
Price N/A
2013
$2.5M
2010
Price N/A

Zoning & alternative use

7000:INDUSTRIAL,GENERAL · Miami Beach, FL

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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