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    2600 87th Ave Doral, FL 33172-1621
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    Property profile & analytics

    2600 87th Ave, Doral, FL 33172-1621

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    • Outlet malls
    • 71,326 SF
    • 4.44 lot acres
    Off-Market
    Property ID
    US19-0527180
    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
    $35,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2600 87th Ave

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    4.44 lot acres
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    35-3028-023-0140
    APU
    3530280230140

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2024 Westend Of Miami Lc Deed · related $800k · Popular Bank
    Aug 30, 2021 Westend Of Miami LLC Deed · related $6.5M · Popular Bank
    Jun 13, 2016 Westend Of Miami Lc Deed · related $6.7M · Banco Popular
    Sep 11, 2003 $425,000 Secret Investment INC Westend Of Miami Lc Grant Deed $290k · Unibank
    Jun 6, 2003 $362,500 Anessa Enterprises INC Westend Of Miami LLC Grant Deed $616k · Private Funding Group INC
    Apr 10, 2003 $785,000 Commerce Bank NA Westend Of Miami Lc Grant Deed · related
    Mar 13, 2003 $719,100 Del Properties INC Westend Of Miami INC Grant Deed $712k · Ocean Bank
    Feb 7, 2003 $353,200 Brimeg LLC Westend Of Miami Lc Grant Deed
    Dec 27, 2002 $385,000 Martha Chomiak Intl INC Westend Of Miami Lc Grant Deed $190k · Bac Florida Bank
    Dec 17, 2002 $350,000 Advanced Radio Systems INC Westend Of Miami Lc Grant Deed $175k · Citibank Fsb
    Dec 13, 2002 $338,000 Kualima Bear INC Westend Of Miami Lc Grant Deed $248k · Ocean Bank
    Aug 15, 2001 Westend Of Miami Lc Trustees Deed · related $1.4M · Ocean Bank
    Jan 18, 2000 $5,430,000 Westend Of Miami Lc Miami International Parkway Grant Deed · related $4.6M · Ocean Bank
    Westend Of Miami Lc Deed Of Trust · related $6.5M · Banco Popular
    Westend Of Miami Lc Loan Modification · related $6.7M · Banco Popular
    Us Royal Foods Distributors Ll Deed Of Trust · related $124k · Pasta Partners LLC
    Westend Of Miami Lc Deed Of Trust · related $5.1M · Ocean Bank

    Description

    This exceptional Doral retail property, located at 2600 NW 87th Avenue, Suites #19 and #30, offers two available units totaling 3,146 square feet within a 71,326 square foot Class B building. Unit #19, approximately 1,435 square feet, features a waiting area/showroom, kitchenette, private offices, conference room, storage, and restroom, leasing at $45.50 per square foot, NNN. Unit #30, approximately 1,711 square feet, offers a mostly open layout with a partition creating two distinct areas, a private restroom, and small storage, leasing at $40.00 per square foot, NNN. Both units boast 14' - 31' ceilings, separate electric meters, and individual AC thermostats with landlord-provided preventative maintenance. The property benefits from a convenient location in the Airport West - Doral submarket, with easy access to major thoroughfares and Miami International Airport. Situated within the Westend @ 87th Shopping Center, it enjoys an excellent tenant mix and non-compete clauses. The property's prime location offers close proximity to residential areas, hotels, banks, office parks, retail centers, and industrial complexes. Further enhancing its appeal, the property received the "Keep Doral Beautiful Award" in December 2019, and features a redesigned courtyard with additional upgrades underway. The zoning is 6400 Commercial, and the APN is 35-3028-023-0140. Parking is available depending on the tenant's needs. The building is single-story with three-phase power.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $38,785,000
      6.5%
      $35,800,000
      7%
      $33,245,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $40,915,000
      Market price range: $24.6M - $59.0M
      AI Estimate
      $29,086,000
      Market price range: $3.20M - $43.7M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $40,930,000
      Current use
      RESTAURANT
      $52,895,000
      Change: +29% Conversion: Easy
      COMMERCIAL (GENERAL)
      $52,730,000
      Change: +29% Conversion: Easy
      AUTO REPAIR, GARAGE
      $46,635,000
      Change: +14% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3377
    Latitude
    25.7987
    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
    $305,545
    $5,807,220
    $17,112,780
    $22,920,000
    -
    $5,807,220
    $17,112,780
    $22,920,000
    More about this property
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