297 NE 67Th St Miami, FL 33138
Property profile & analytics
297 NE 67Th St Miami, FL 33138
- Warehouses
- 8,404 SF
- 0.30 lot acres
Property ID
US18-4327644
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.
Location Intelligence
Current Use by Public Records
- Locust Projects / Charitable Organization / Social Service Agency
Property Details for 297 NE 67Th St
- Year built
- 1952
- Construction
- CONCRETE
- Lot size
- 0.30 lot acres
- Property size
- 8,404 SF
- Zone code
- 7700:INDUSTRIAL,RESTRICT
- Property type
- Warehouses
- APN
- 01-3218-020-0180
- APU
- 132180200180
Description
This exceptional Class A, 33,204 square foot industrial warehouse in Miami's Little River neighborhood presents a compelling investment opportunity. Located at 297 NE 67th St, this multi-tenant property boasts a 5.64% cap rate and is currently 100% occupied by betr and Locust Projects, offering strong, stable cash flow. The property sits on a 0.93-acre lot and features a NNN lease structure, minimizing landlord responsibilities. With a price of $12,900,000 ($388.50/sq ft), and a land value of $319.50/sq ft, this investment offers significant potential for future appreciation. The property's location in the rapidly growing Little River district, known for its vibrant arts and culture scene, ensures strong tenant demand and future rent growth opportunities. The current leases provide a solid weighted average lease term, mitigating risk and providing long-term stability. The flexible space allows for potential reconfiguration into smaller units to capitalize on market demand. This core-plus investment is zoned 5 // D2 and represents a rare opportunity to acquire a high-quality industrial asset in one of Miami's most desirable and up-and-coming neighborhoods. The property's central location within Little River provides excellent visibility and accessibility.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1906
- Latitude
- 25.8367
- 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
$20,043
$653,400
$558,600
$1,212,000
-
$653,400
$558,600
$1,212,000
