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Property profile & analytics
FOR SALE
Outlet malls

230 NW 71St St Miami, FL 33150

2,850 SF 0.28 ac lot Built 1949
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-5269557
Property summary
AI-generated overview

This exceptional property at 230 NW 71st Street in Miami, Florida, 33150 offers three renovated creative office spaces for lease, ranging from 320 to 2,200 square feet. Ideally situated in the Little River neighborhood, this location provides convenient access to the Design District, Magic City Innovation District, Miami Beach, and major highways I-95 and I-195. Just minutes from Wynwood, Midtown, and the Biscayne Corridor, this property is perfectly positioned for businesses seeking a vibrant and collaborative environment. The building is zoned T5-O, accommodating a wide range of innovative and industrial uses. Units are available in various sizes, with one unit offering 2,220 square feet at a monthly rate of $9,000 plus tax (modified gross) and another at 320 square feet for $1,700 plus tax (modified gross). The spaces are ideal for retail, galleries, showrooms, offices, or flexible creative uses. The modern renovations cater to businesses requiring innovative and collaborative workspaces. This prime location and flexible space options make this an excellent opportunity for businesses seeking a thriving and inspiring work environment in Miami's dynamic Little River area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1949
Construction CONCRETE
Total area 2,850 SF
Lot 0.28 ac (12,300 SF)
Zoning code 6101
APN 01-3113-023-0020
UPID US18-5269557
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
  • Helmet One - Motor Co. Auto Parts Store (Bike/Boat/Book/etc) Store
  • FRM Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Jenny Perez Art Corporate Office
  • Frames and Stretchers Little River (Bike/Boat/Book/etc) Store Home Decor Store
  • Art Space 305 Art Gallery Art Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.43M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.45M
Owner & transaction history
71-2 LLC · 6 yrs held
71-2 LLC
since 2019
3 recorded transactions
2019
$799,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.9M +19.2%
Auto repair, garage $1.9M +15.9%
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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