Financial
Distress signals
Property profile

2047 NW 24Th Ave Miami, FL 33142

FOR SALE
Other warehouses
Property ID
US18-1669208
5,000 SF 0.17 ac lot Built 1960
Last sale Aug 2011 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A freestanding warehouse building totaling approximately 5,000 square feet, located in Miami’s Garment District near the Miami River, with configuration suitable for warehouse, retail, or office use. The interior includes a reception area opening to six private offices with glass enclosures, approximately 800 square feet of office space, and about 4,200 square feet of warehouse area, with an 18+ foot ceiling height. The building has a full kitchen, two large ADA-compliant bathrooms, an employee

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$1.03M
Assessed land$368k
Assessed improvement$666k
Effective rate1.22%

Value estimate

· Sep 2026
$855k
$770k – $941k
NOI build-up
Gross scheduled income$225k
Vacancy & credit loss−$34k
Operating expenses−$48k
NOI · 8.22% cap applied$143k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$237/SF
ZIP average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$172 – $388
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.22%
$143k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
7700:INDUSTRIAL,RESTRICT
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.5
Dental Office26.9
Skin Care Clinic12.2

Location

2047 NW 24Th Ave Miami, FL 33142
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3805 35th, Miami, FL 33142-5023 $1,600,000 Feb 2026 4,352 SF
1882 22nd, Miami, FL 33142-7444 $1,900,000 Dec 2025 5,725 SF
3771 51st, Miami, FL 33142-3204 $980,000 Dec 2025 5,147 SF
2825 35th, Miami, FL 33142-5270 $7,000,000 Jun 2025 4,785 SF
2170 24th, Miami, FL 33142-7278 $1,175,000 Mar 2025 4,528 SF
1930 21st, Miami, FL 33142-7326 $1,500,000 Dec 2024 4,853 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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