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Property profile & analytics
OFF-MARKET Estimated value $3,060,000
Theaters & concert halls

3430 Miami Ave Miami, FL 33127-3526

4,966 SF 0.14 ac lot Built 1952
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-4901073
Property summary
AI-generated overview

This exceptional two-story, 4,937 square foot commercial building is situated in the heart of Midtown Miami, directly on North Miami Avenue and across from Midtown Shops. The property offers a rare opportunity to acquire a free-standing building in this rapidly growing area. Currently vacant, this versatile space is ideal for a single user or can be easily divided to accommodate multiple businesses. The ground floor is perfect for showrooms, offices, medical practices, or lifestyle businesses, while the second floor is well-suited for traditional office space. The building includes on-site private parking, supplementing the ample street parking and convenient access to the Midtown garage across the street. Its efficient layout and prime location near the Design District, Wynwood, and Edgewater, combined with easy access to major transportation arteries and public transit, make this a truly unique investment opportunity. The property sits on a 5.976-acre lot and is zoned T5-O. Asking price is $3,975,000 ($805.14/SF). The building consists of one building with two units.

Property profile
Verified
Property type Theaters & concert halls
Use group ARENA, CONVENTION CENTER
Year built 1952
Construction CONCRETE
Total area 4,966 SF
Lot 0.14 ac (5,976 SF)
Zoning code 6101
APN 01-3125-019-1240
UPID US18-4901073
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Midtown Body Gym & Fitness Center
  • Rypt Gym Gym & Fitness Center
  • Miami Vein & Wellness Physician
  • Miami Skin Spa at Midtown Spa & Massage Center Alternative Medicine Practice
  • Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.06M
Owner & transaction history
Wynwood Medgym LLC · 4 yrs held
Wynwood Medgym LLC
since 2021
Last sale
$2.7M
2 recorded transactions
2021
$2.7M
2005
$94,700
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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