Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3655 107th Ave Doral, FL 33178-4327
    Back to Search
    Property profile & analytics

    3655 107th Ave, Doral, FL 33178-4327

    View on Map

    • Retail residential properties
    • 16,105 SF
    • 2.33 lot acres
    Off-Market
    Last Sale Jan 15, 2025
    $9,700,000
    Property ID
    US19-0377986
    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
    $7,880,000
    Show details
    Cap Rate Potential
    3%
    Retail residential properties
    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 3655 107th Ave

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    2.33 lot acres
    Zone code
    7600:INTENSIVE USE
    Property type
    Retail residential properties
    APN
    35-3029-001-0280
    APU
    3530290010280

    Description

    This exceptional 15,314 square foot, multi-tenant retail center in Doral, Florida presents a compelling investment opportunity. Located at 3655 NW 107th Ave, this single-story, 2004-built property (renovated in 2024) boasts 100% occupancy across nine tenants under NNN leases with a remaining term of 5.1 years and 3% annual rent bumps. The property features 172 parking spaces and sits on a 0.78-acre lot. The strong financial performance is highlighted by a 5.78% cap rate and a NOI of $615,729, with an asking price of $10,645,000 ($695.12/sq ft). The center benefits from its strategic location on a major roadway with over 67,000 vehicles daily, adjacent to Nicklaus Children's Outpatient and Urgent Care Center, and directly across from the massive Bridge Point Doral logistics center. The affluent surrounding neighborhood, with an average household income exceeding $113,000 within a two-mile radius, ensures consistent high demand. Lease options are available, and the property is offered fee simple. This stabilized, multi-tenant NNN retail center provides a stable cash flow with significant upside potential due to the strong location and lease terms. The property's success is further ensured by its proximity to major transportation arteries, including easy access to Florida's Turnpike, the MIA Cargo Viaduct, and SRs 826 and 836, and its proximity to Miami International Airport and Port Miami. This is a rare opportunity to acquire a fully leased retail center in a high-barrier-to-entry market with exceptional long-term growth prospects.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $8,055,000
      ML approach
      $6,515,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,429,000
      Market price range: $1.12M - $5.43M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $11,905,000
      Current use
      RESTAURANT
      $11,945,000
      Change: +0% Conversion: Difficult
      OFFICE BUILDING
      $10,985,000
      Change: -8% Conversion: Easy
      AUTO REPAIR, GARAGE
      $10,530,000
      Change: -12% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Doral
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3687
    Latitude
    25.8076
    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
    $240,552
    $4,567,275
    $12,722,725
    $17,290,000
    -
    $4,567,275
    $12,722,725
    $17,290,000
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message