18600 Collins Ave Sunny Isles Beach, FL 33160-2426
This exceptional commercial property, located at 18600 Collins Avenue in Sunny Isles Beach, Florida, presents a unique investment opportunity. The building boasts a substantial 3,688 square feet of commercial space, ideal for a variety of businesses. Situated on a sizable 13,677 square foot lot, the property offers ample space and potential for expansion or redevelopment. A key feature is the inclusion of 22 parking spaces, a significant advantage in a high-traffic area like Sunny Isles Beach. The building also includes three bathrooms, adding to its functionality and appeal. The asking price for this special purpose property is $20,000, making it an attractive proposition for investors seeking a foothold in this vibrant Florida market. The property's prime location on Collins Avenue ensures high visibility and accessibility, attracting a large volume of potential customers. With its generous lot size and ample parking, this commercial building offers significant potential for growth and return on investment. The property is located in Miami-Dade County, Florida, zip code 33160. The coordinates are latitude 25.9487077 and longitude -80.1211872. This is a rare opportunity to acquire a well-situated commercial property in a thriving coastal community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6300:COMMERCIAL,RESTRICT · Sunny Isles Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.