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    OFF-MARKET
    Medical Office Space

    3714 Washington Ave, Miami, FL 33133

    1,890 SF
    Property ID
    US18-4465628
    Property summary
    AI-generated overview

    This exceptional Coconut Grove assemblage comprises five lots totaling 18,681 square feet, strategically located at 3442, 3424 SW 37th Ave, 3714, 3718 Washington Ave, and 3719 Thomas Ave. An additional two lots, totaling 16,937 square feet, located at 3710 Grand Ave and 3735 Washington Ave, are also included in this sale. The assemblage presents a unique opportunity for significant development potential in a highly desirable Miami location. The asking price of $302,000 reflects the individual price of the lot at 3714 Washington Ave, which is part of a larger, non-divisible assemblage. The property at 3714 Washington Ave itself is 1,890 square feet and is classified as an apartment building, executive office, and medical office space, offering versatility for various uses. This mixed-use property, situated in the vibrant Coconut Grove neighborhood, benefits from its prime location and the potential for substantial returns on investment. The assemblage's size and location make it an attractive proposition for developers seeking to capitalize on the growing demand for commercial and residential properties in Miami. Detailed information is available in the attached brochure. This is a rare opportunity to acquire a significant land holding in a thriving Miami neighborhood. Please note that this assemblage will only be sold as a whole.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 1,890 SF
    UPID US18-4465628
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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