Property profile

3718 Washington Ave Miami, FL 33133

OFF-MARKET
Retail properties & Spaces
Property ID
US19-0164731
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Property summary

AI-generated overview

This exceptional investment opportunity presents a unique assemblage of five lots totaling 18,681 square feet in the vibrant Coconut Grove neighborhood of Miami, Florida. Located at 3718 Washington Avenue, Miami, FL 33133, this property consists of five contiguous parcels, including 3442 and 3424 SW 37th Avenue, 3714 and 3718 Washington Avenue, and 3719 Thomas Avenue. The asking price of $249,000 reflects the individual price of this specific lot (3718 Washington Ave), and it is being sold as part of a larger assemblage; it will not be sold separately. The assemblage includes an additional two lots at 3710 Grand Avenue and 3735 Washington Avenue, totaling 16,937 square feet. The combined assemblage offers significant potential for redevelopment given its size and location in a high-demand area. The property's mixed-use zoning allows for a variety of development options, including apartment buildings, medical offices, and restaurants. The lot size of this particular parcel is 1,575 square feet. Detailed information regarding the entire assemblage is available in a sales brochure. This is a rare opportunity to acquire a substantial land holding in a prime Miami location. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
UPID US19-0164731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

3718 Washington Ave Miami, FL 33133
Miami metro
Google Maps

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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