Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2144 7th Ave Miami, FL 33127-4608

    • Industrial properties
    • 11,447 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    $1,825,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1789181
    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.

    Current Use by Public Records

    • BLUEFIN USA / Clothing Supplier
    • Specialty Merchant of South Florida (dba ProSus) / Corporate Office

    Property Details for 2144 7th Ave

    Year built
    1935
    Construction
    CONCRETE
    Lot size
    0.45 lot acres
    Property size
    11,447 SF
    Zone code
    7700:INDUSTRIAL,RESTRICT
    Property type
    Industrial properties
    APN
    01-3126-013-0020
    APU
    131260130020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,565,000
      6.5%
      $2,365,000
      7%
      $2,195,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2074
    Latitude
    25.7968
    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
    $34,233
    $1,556,960
    $584,040
    $2,141,000
    -
    $1,556,960
    $584,040
    $2,141,000

    Comparable in this City

    • Value Estimation
      $760,000
      25,867 SF

      1052 21st St

      LUMBERYARD, BUILDING MATERIALS • 25,867 SF
      1052 21st St, Miami, FL 33127-4514
      View Details
    • Value Estimation by Request

      3301 7Th Avenue Cir

      Distribution properties
      3301 7Th Avenue Cir, Miami, FL 33127
      View Details
    • Value Estimation by Request
      13,028 SF

      2824 5Th Ave

      Individual retail properties • 13,028 SF
      2824 5Th Ave, Miami, FL 33127
      View Details
    • Value Estimation
      $1,505,000
      9,077 SF

      777 28th St

      HEAVY INDUSTRIAL • 9,077 SF
      777 28th St, Miami, FL 33127-4043
      View Details
    • Value Estimation
      $1,670,000
      11,529 SF

      2520 5th Ave

      HEAVY INDUSTRIAL • 11,529 SF
      2520 5th Ave, Miami, FL 33127-4314
      View Details
    • Value Estimation by Request

      768 21St St

      Land
      768 21St St, Miami, FL 33127
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Allapattah Lot with Renovated Office

      Lot with renovated office space in Allapattah, available for lease.
      1074 NW 22Nd St, Miami, FL 33127
      View Details
    • $2,500,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      681 NW 30Th St, Miami, FL 33127
      View Details
    • Contact for pricing
      19,567 SF

      Development Opportunity Near Wynwood Arts

      Redevelopment opportunity near Wynwood Arts Walls with T-7 Zoning.
      2920 NW 5Th Ave, Miami, FL 33127
      View Details
    • Contact for pricing
      0.28 Acres

      Allapattah Industrial Warehouse Opportunity

      Miami Warehouse - 3000 SF + Yard
      775 21St St, Miami, FL 33127
      View Details
    • $4,250,000

      Wynwood Industrial Development Site

      Prime Wynwood location, high development potential.
      97 27Th St, Miami, FL 33127
      View Details
    • $4,600,000

      Miami Industrial Land Assemblage

      30,100 SF, High-Density Potential
      790 22Nd St, Miami, FL 33127
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Industrial Space Available for Rent

      5,000 sq ft industrial property for lease in Miami.
      525 Nw 29Th St, Miami, FL 33127
      View Details
    • Contact for pricing
      1,960 SF

      Industrial Space Available For Rent

      Industrial property offering 1960 square feet for rent.
      5700-5748 NE 4Th Ave, Miami, FL 33127
      View Details
    • $19 SF/Yr
      12,600 SF

      Allapattah Showroom/Workshop

      12,600 SF Industrial Space, Wynwood Access
      667 29Th St, Miami, FL 33127
      View Details
    • Contact for pricing
      4,126 SF

      Industrial Space Available for Lease

      Industrial property with 4,126 square feet available for rent.
      248 NE 59Th St, Miami, FL 33127
      View Details
    • $17 SF/Yr

      Miami Retail Showroom and Warehouse

      Showroom and warehouse space in iconic Wynwood neighborhood.
      667 NW 29Th St, Miami, FL 33127
      View Details
    • $12,500 /Mo

      Wynwood Industrial Space For Lease

      Industrial space in Wynwood, suitable for showroom and warehouse.
      667 NW 29Th St, Miami, FL 33127
      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.
    2144 7th Ave
    Miami, FL 33127-4608
    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

    Google sign-in failed. Please try again or use another login method.