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2316 57th Ave Miami, FL 33155-2207

OFF-MARKET Office buildings Google Maps
2,404 SF 0.13 ac lot Built 1937
Entity Owned Free & Clear
Estimated value (blended)
$395k
Range $356k – $435k (±10%)
Property ID US18-3242813

Property summary

AI-generated overview

This exceptional 1,989 square foot office building, constructed in 1937, presents a lucrative investment opportunity in Miami, Florida. Located at 2316 SW 57th Ave, in the desirable Red Road Corridor of Miami-Dade County, this single-tenant property boasts a 100% occupancy rate, generating consistent income. Its strategic location offers unparalleled convenience, situated directly across from Coral Gables and in close proximity to prominent medical facilities such as Coral Gables Hospital and Nicklaus Children's Hospital. The property's zoning allows for a diverse range of uses, including medical offices, general office space, retail establishments, and restaurants, providing flexibility for future development or tenant diversification. The asking price is $1,299,000. This well-maintained building represents a strong investment with significant potential for appreciation and consistent cash flow. The property's prime location and versatile zoning make it an attractive asset in a thriving Miami market. This is a rare opportunity to acquire a fully leased, income-producing property in a highly sought-after area. The building's history and current success combine to create a compelling investment proposition.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1937
Construction CONCRETE
Total area 2,404 SF
Lot 0.13 ac (5,550 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 30-4012-011-0580
UPID US18-3242813

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$892k
Blend (final) Blend
$395k

Owner & transaction history

since 2025
6 recorded transactions
2025
$1.2M
2025
Price N/A
2020
Price N/A
2015
$282,700
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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