31 33Rd St Miami, FL 33127
This exceptional investment opportunity presents a unique parcel of land in the vibrant Wynwood neighborhood of Miami-Dade County, ideally situated across from the shops of Midtown. The property is designated for single-tenant use exclusively as an auto parking lot, offering a straightforward and stable income stream. The available space is highly flexible, ranging from a minimum of 10 square feet to a maximum of 10,000 square feet, catering to a variety of parking needs. This makes it suitable for both smaller-scale operations seeking supplemental parking or larger businesses requiring extensive parking capacity for their clientele or employees. Given its prime location in a high-traffic area known for its thriving retail and commercial activity, this property offers significant potential for strong returns on investment. The property's sole permitted use is for automobile parking, eliminating any complexities associated with multiple tenants or diverse operational requirements. This straightforward use case simplifies management and minimizes operational overhead, making it an attractive proposition for investors seeking a low-maintenance, high-yield asset. The property's proximity to Midtown's retail core ensures consistent demand for parking spaces, further enhancing its investment appeal. This is a rare opportunity to acquire a strategically located parking lot in one of Miami's most dynamic and sought-after neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.