Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21215 Biscayne Blvd Aventura, FL 33180-1241
    Back to Search
    Property profile & analytics

    21215 Biscayne Blvd, Aventura, FL 33180-1241

    View on Map
    • Turn key restaurants
    • 7,957 SF
    • 1.01 lot acres
    Off-Market
    Last Sale Jun 16, 2025
    $6,850,000
    Property ID
    US18-5471384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $6,555,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 21215 Biscayne Blvd

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    1.01 lot acres
    Zone code
    6000:COMMERCIAL,GENERAL
    Property type
    Turn key restaurants
    APN
    28-1234-073-0050
    APU
    2812340730050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 16, 2025 $6,850,000 Breakfast Capital LLC Oph Aventura Realty Lc Special Warranty Deed —
    Nov 1, 2017 — Oph Of Aventura Realty Lc — Deed · related $2.5M · Centennial Bk
    — — Oph Of Aventura Realty Lc — Deed Of Trust · related $1.8M · American National Bank & Trust
    — — Oph Of Aventura Realty Lc — Deed Of Trust · related $3M · Florida Shores Bank
    — — Oph Of Aventura Realty Lc — Loan Modification · related $2.5M · Centennial Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,965,000
      Market price range: $2.88M - $10.5M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,900,000
      Current use
      COMMERCIAL (GENERAL)
      $5,885,000
      Change: -0% Conversion: Easy
      AUTO REPAIR, GARAGE
      $5,200,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aventura
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1425
    Latitude
    25.9722
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $73,143
    $3,739,660
    $595,735
    $4,335,395
    -
    $3,739,660
    $595,735
    $4,335,395

    Comparable in this City

    • Value Estimation by Request

      /Full Liquor License

      Restaurants
      0 /Full Liquor License, Aventura, FL 33180
      View Details
    • Value Estimation by Request

      19501 Biscayne Blvd

      Restaurants
      19501 Biscayne Blvd, Aventura, FL 33180
      View Details
    • Value Estimation by Request
      1,062 SF

      3300 192nd St Ste, Unit 117

      RETAIL STORES (PERSONAL SERVICES)
      3300 192nd St Ste, Aventura, FL 33180-2428
      View Details
    • Value Estimation by Request
      656 SF

      20191 Country Clb Drcua

      RETAIL STORES (PERSONAL SERVICES)
      20191 Country Clb Drcua, Aventura, FL 33180-3012
      View Details
    • Value Estimation
      $2,180,000
      5,592 SF

      18790 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      18790 Dixie Hwy, Miami, FL 33180-2618
      View Details
    • Value Estimation
      $2,385,000
      7,095 SF

      19095 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      19095 Dixie Hwy, Miami, FL 33180
      View Details

    Similar Nearby for Sale

    • $79,900

      Established Bakery and Coffee Shop

      Turn-key Argentinian bakery and coffee shop business opportunity in Aventura.
      2568 NE Miami Gardens Dr, Aventura, FL 33180
      View Details
    • Contact for pricing
      25,000 SF

      Aventura Medical/Office Boutique Building

      Class A medical/office space in prime Aventura location.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • $1,419,500
      1,670 SF

      Aventura Retail Space: Prime Location

      High-traffic Aventura retail space for sale.
      2820 214Th St, Aventura, FL 33180
      View Details
    • Contact for pricing
      Pending

      Aventura Health District Retail Space

      Retail spaces available in Aventura Health District near hospital.
      2820 NE 214Th St, Aventura, FL 33180
      View Details
    • Contact for pricing

      Aventura Retail Space For Sale

      Retail space in dynamic Aventura building near Gulfstream Park.
      2820 NE 214Th St, Aventura, FL 33180
      View Details
    • $18,750,000

      Aventura Development Opportunity with Income

      1.86 acres approved for 327 multifamily units with retail.
      2660 NE 189Th St, Miami, FL 33180
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      493 SF

      Aventura Mixed-Use Development Retail Spaces

      New mixed-use development with retail and medical office spaces.
      20955 Biscayne Blvd, Aventura, FL 33180
      View Details
    • Contact for pricing
      6,000 SF

      Aventura Retail Space For Lease

      Retail space in Aventura, heart of Biscayne Blvd.
      19001 Biscayne Blvd, Miami, FL 33180
      View Details
    • Contact for pricing

      Landmark Property on Country Club

      Landmark property with city views and state-of-the-art technology.
      19950 W Country Club Dr, Aventura, FL 33180
      View Details
    • Contact for pricing
      1,092 SF

      New Construction Office/Retail Space

      New construction office/retail space in a bustling Aventura location.
      19401 W Dixie Hwy, Miami, FL 33180
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Near Aventura Mall

      Retail space available for rent near Aventura Mall.
      2956 Aventura Blvd, Miami, FL 33180
      View Details
    • Contact for pricing

      Anchored Retail Center For Lease

      Retail power center with national anchors on Biscayne Boulevard.
      21035 Biscayne Blvd, Miami, FL 33180
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21215 Biscayne Blvd
    Aventura, FL 33180-1241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21215 Biscayne Blvd, Aventura, FL, 33180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!