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Property profile & analytics
FOR SALE
Retail residential properties
19501 NW 2Nd Ave Miami Gardens, FL 33169
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-5490035
For Sale
1 / 38
$9,125,000
19501 NW 2Nd Ave, Miami Gardens, FL 33169
View Listing →
Property summary
AI-generated overview
This exceptional retail property, Caribbean Shoppes, presents a compelling investment opportunity in the thriving Miami Gardens market. Located at 19501 NW 2nd Ave, Miami Gardens, FL 33169, this 27,872 square foot building sits on a substantial 73,260 square foot lot. Built in 1956, the property boasts a strong 6.14% NOI. Strategically positioned along the 3-mile Highway 441 commercial corridor, the center benefits from exceptional visibility and accessibility. With 80 parking spaces, it caters to both drivers and pedestrians. Its prime location near the Golden Glades interchange provides easy access to Interstate 95, the Florida Turnpike, and State Routes 441 and 826, ensuring convenient travel throughout South Florida. The Caribbean Shoppes serves a large and diverse community
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1956
Construction
CONCRETE
Total area
27,872 SF
Lot
1.68 ac (73,260 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2101-012-1330
UPID
US18-5490035
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.52M
Owner & transaction history
Beile LLC · 8 yrs held
Beile LLC
since 2018
2 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, 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 Miami Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Gardens 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
$234 / SF
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
$131,807
Tax year 2023
Assessed value
$5,981,800
Assessed 2023
Previous assessed
$5,981,800
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$2,930,400
Assessed improvement
$3,051,400
Land market value
$2,930,400
Improvement market value
$3,051,400
Total market value
$5,981,800
Applied tax rate
3,400.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
27,872 SF
Lot
1.68 ac (73,260 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
34-2101-012-1330
UPID
US18-5490035
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Zoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.68 ac
Current owner
From public records · entity-resolved
Beile LLC
Entity
Free & Clear · 8 yrs held
Mailing address
20741 NW 2ND AVE, MIAMI GARDENS, FL 33169-2101
Ownership since
2018
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
Feb 2, 2018
$6,800,000
Beile LLC
Mazel At 195th Street INC
Warranty Deed
—
—
—
Mazel At 195th Street INC
—
Deed Of Trust
related
$1,680,000 · Regions Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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