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Property profile & analytics
OFF-MARKET
Retail space
19370 Collins Ave Ste Cu1 Sunny Isles Beach, FL 33160-7241
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-9041150
Property summary
AI-generated overview
This exceptional 500-square-foot flex space in Sunny Isles Beach, Florida, presents a rare rental opportunity. Located at 19370 Collins Ave, 33160, this single-tenant industrial property (APN 31-22-02-048-4010) offers versatile zoning (RMF-2) suitable for various uses, including retail, banking, professional offices (law, accounting, dentistry, real estate, insurance), salons, spas, and more. The space includes bathrooms and is situated within a 1,200-unit community (three towers) providing excellent visibility and proximity to Heritage Park. The property boasts four covered parking spaces. Its location adjacent to the high-income Golden Beach neighborhood ensures high foot traffic and visibility. The monthly rent is $3,000, plus a prorated CAM fee (covering power, water, sewer, basic internet, cable, and trash), and prorated property taxes. This is a highly sought-after location, and this opportunity won't last long. Don't miss out on this chance to establish your business in a thriving Sunny Isles Beach community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
534 SF
Zoning code
4000:MULTI-FAM,63-100 U/A
APN
31-2202-048-3990
UPID
US18-9041150
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
by Request
Owner & transaction history
Global Real Holdings LLC · 12 yrs held
Global Real Holdings LLC
since 2013
2 recorded transactions
Zoning & alternative use
4000:MULTI-FAM,63-100 U/A · Sunny Isles Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sunny Isles Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunny Isles Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,270
Tax year 2023
Assessed value
$347,100
Assessed 2023
Previous assessed
$170,880
+103.1% YoY
Effective rate
1.23%
On assessed value
Total market value
$347,100
Applied tax rate
3,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
NONE
Total area
534 SF
Zoning code
4000:MULTI-FAM,63-100 U/A
APN
31-2202-048-3990
UPID
US18-9041150
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4000:MULTI-FAM,63-100 U/A · Sunny Isles Beach, FL
Zoning 4000:MULTI-FAM,63-100 U/A · permitted uses
4000:MULTI-FAM,63-100 U/A · Sunny Isles Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunny Isles Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Current owner
From public records · entity-resolved
Global Real Holdings LLC
Entity
Free & Clear · 12 yrs held
Mailing address
19370 COLLINS AVE STE CU1, SUNNY ISLES BEACH, FL 33160-7241
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2013
$120,000
Global Real Holdings LLC
Four Dbh LLC
Warranty Deed
—
Sep 20, 2006
$303,850
Four Dbh LLC
Ocean View Developers LLC
Grant Deed
$228,000 · Hsbc Bank USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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