Property summary
This exceptional mixed-use property, located at 3400 N Miami Ave in Miami, Florida (zip code 33127), presents a unique investment opportunity. Built in 1918, this two-story warehouse building offers 3,800,000 USD asking price. Situated on a corner lot in the desirable Midtown/Wynwood area, the property benefits from its high visibility and convenient access to I-95, ensuring significant foot and vehicular traffic. Currently operating as a high-end fabric and clothing store, the building boasts a versatile layout suitable for a variety of commercial uses. The 1-building property includes a kitchen and two bathrooms, adding to its functionality. Its mixed-use zoning (Industrial, Retail) allows for diverse business operations or redevelopment potential, catering to entrepreneurs and investors seeking a prime location with substantial growth prospects. The property's strategic location within Miami-Dade County, combined with its existing infrastructure and high traffic volume, makes it an attractive investment for those seeking a strong return on investment. The building's history adds character, while its adaptable design allows for modern updates and customization to suit a wide range of business needs. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6101 · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 6101 in Miami, FL.
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