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    3530 83rd Ave Doral, FL 33122-1150

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    3530 83rd Ave Doral, FL 33122-1150

    View on Map
    • Retail space
    • 12,507 SF
    Off-Market
    Property ID
    US18-3935105
    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.
    Value Estimations
    $6,865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 3530 83rd Ave

    Year built
    2017
    Property size
    12,507 SF
    Zone code
    6119
    Property type
    Retail space
    APN
    35-3027-074-0100
    APU
    3530270740100

    Description

    This exceptional retail space, located at 3530 NW 83 Ave in Doral, Florida (Miami-Dade County), presents a unique investment opportunity. Built in 2017, this beautifully appointed boutique boasts a prime location and has been successfully operating for six years. The asking price is $120,000, and the sale includes all furniture, fixtures, and existing inventory, ensuring a seamless transition for the new owner. The current lease agreement extends until July 2027, providing long-term stability. This turnkey business is ready for immediate operation, eliminating the need for extensive setup and allowing the new owner to focus on growth and profitability. The property is situated in the vibrant heart of Doral, offering excellent visibility and accessibility. Serious inquiries only

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $7,155,000
      Current use
      RESTAURANT
      $9,275,000
      Change: +30% Conversion: Easy
      COMMERCIAL (GENERAL)
      $9,245,000
      Change: +29% Conversion: Easy
      AUTO REPAIR, GARAGE
      $8,175,000
      Change: +14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3315
    Latitude
    25.8091
    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
    $103,114
    $0.00
    $0.00
    $5,983,000
    -
    $0.00
    $0.00
    $5,983,000

    Comparable in this City

    • Value Estimation
      $17,700,000
      37,884 SF

      3535 83rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 37,884 SF
      3535 83rd Ave, Doral, FL 33122-1155
      View Details
    • Value Estimation by Request
      211,349 SF

      3450 83rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 211,349 SF
      3450 83rd Ave, Doral, FL 33122-1152
      View Details
    • Value Estimation by Request
      7,572 SF

      8630 25th St

      FINANCIAL BUILDING • 7,572 SF
      8630 25th St, Doral, FL 33122-1501
      View Details
    • Value Estimation
      $32,520,000
      159,912 SF

      8400 33rd St

      FINANCIAL BUILDING • 159,912 SF
      8400 33rd St, Doral, FL 33122-2008
      View Details
    • Value Estimation by Request
      5,788 SF

      2500 72nd Ave

      FINANCIAL BUILDING • 5,788 SF
      2500 72nd Ave, Miami, FL 33122-1304
      View Details
    • Value Estimation
      $695,000
      11,623 SF

      7650 25th St

      FINANCIAL BUILDING • 11,623 SF
      7650 25th St, Miami, FL 33122-1705
      View Details

    Similar Nearby for Sale

    • $800,000

      Miami Retail Boutique For Sale

      Established pet grooming and retail boutique in booming Miami downtown.
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    • Contact for pricing
      2,980 SF

      Doral Ground Floor Office Space

      High-end office space in the heart of Doral.
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      View Details
    • $1,150,000

      Doral Warehouse with Office Space

      Warehouse with offices, showroom, and convenient Doral location.
      8105 NW 33Rd St, Doral, FL 33122
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Corner Flex Space for Lease

      Flex space with excellent visibility and convenient highway access.
      2500 NW 72Nd Ave, Miami, FL 33122
      View Details
    • Contact for pricing

      Miami Industrial Park Flex Space

      Industrial park with retail and flex spaces for rent.
      2926 NW 72Nd Ave, Miami, FL 33122
      View Details
    • $3,597 /Mo

      Doral Flex Unit For Rent

      Versatile flex unit with warehouse and office space in Doral.
      8000 NW 31St St, Doral, FL 33122
      View Details
    • Contact for pricing

      Mixed-Use Project in Doral

      Mixed-use project with retail, restaurant, and residential opportunities.
      36th St Doral Blvd, Doral, FL 33122
      View Details
    • Contact for pricing

      NW 72nd Avenue Flex Space

      Flex space near major thoroughfares, ideal for import/export companies.
      2818 NW 72Nd Ave, Miami, FL 33122
      View Details
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    Doral, FL 33122-1150
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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