Property profile

3714 Washington Ave Miami, FL 33133

OFF-MARKET
Retail properties & Spaces
Property ID
US18-4465628
1,890 SF
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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 Retail properties & Spaces
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

Location

3714 Washington Ave Miami, FL 33133
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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