3470 Coast Ave Miami, FL 33137
Property profile & analytics
3470 Coast Ave Miami, FL 33137
- Retail space
- 2,404 SF
Property ID
US18-4557539
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
- Mr Mix and Master / Recording Studio
- Octopustudio / Wedding Service / Photography Service
- FLAPIX TECHNOLOGIES INC. / Television Studio / Media Distribution
- 2 Midtown / Condominium Complex
- Two Midtown Miami Condominium Association, Inc. / Charitable Organization / Social Service Agency
Property Details for 3470 Coast Ave
- Year built
- 2007
- Property size
- 2,404 SF
- Zone code
- 6402:MIX USE-BORDERS CBD
- Property type
- Retail space
- APN
- 01-3125-080-2770
- APU
- 131250802770
Description
This exceptional 2,404-square-foot mixed-use property in Miami's vibrant Midtown neighborhood presents a rare investment opportunity. Built in 2007, this two-story building boasts 1,202 square feet of ground-floor retail space and an equally sized 1,202-square-foot second-floor flex space, ideal for live/work or office use. Each space features its own separate entrance, adding to the property's versatility. The retail space and the flex space are currently rented on a month-to-month basis, offering flexibility to the new owner. The building's attractive features include floor-to-ceiling windows, high ceilings, and a dual-zone air conditioning system. Two parking spaces are included. The property is situated within the Two Midtown complex, providing residents and tenants with access to a desirable array of amenities such as a swimming pool, fitness center, valet parking, concierge services, and 24-hour security. Its prime location places it within easy walking distance of numerous restaurants, upscale shops, and cultural attractions in Wynwood, the Design District, and Miami's beautiful beaches. The property is offered at $1,375,000 and currently generates an approximate 6% return on investment. This is a truly unique opportunity to acquire a thriving commercial property in one of Miami's most sought-after locations.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,149,000
Market price range: $655k - $3.20M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,505,000 Current use
- AUTO REPAIR, GARAGE
- $1,570,000 Change: +5% Conversion: Difficult
- OFFICE BUILDING
- $1,480,000 Change: -2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1919
- Latitude
- 25.8094
- 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
$20,896
$0.00
$0.00
$973,620
-
$0.00
$0.00
$973,620
