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Property profile & analytics
OFF-MARKET Estimated value $1,425,000
Office buildings

18600 Collins Ave Sunny Isles Beach, FL 33160-2426

3,887 SF 0.31 ac lot Built 1961
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-4899099
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1961
Construction CONCRETE
Total area 3,887 SF
Lot 0.31 ac (13,577 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 31-2202-006-0170
UPID US18-4899099
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
$1.69M
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.43M
Owner & transaction history
Dayton Family Co LLC · 19 yrs held
Dayton Family Co LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Sunny Isles Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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