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Property profile & analytics

3910 2Nd Ave Miami, FL 33127

  • Manufacturing properties
  • 1,800 SF
  • 0.23 lot acres
For Sale
Last Sale
Mar 04, 2024
$530,000
Value Estimations
Cap Rate Potential
4.6%
Manufacturing properties
Location Intelligence
Property ID
US18-0082481
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.

Current Use by Public Records

  • Export Ski & Wake Marine / (Bike/Boat/Book/etc) Store
  • Frauscher America / (Bike/Boat/Book/etc) Store
  • Miami Nautique (Boats) / (Bike/Boat/Book/etc) Store

Property Details for 3910 2Nd Ave

Year built
1962
Construction
CONCRETE
Lot size
0.23 lot acres
Property size
1,800 SF
Zone code
4801:RESID-LIMITED RETAIL
Property type
Manufacturing properties
APN
01-3124-002-0760
APU
131240020760

Description

This exceptional 1,800 square foot office building, constructed in 1962, is situated on a large 10,100 square foot paved and fenced lot in Miami, Florida, zip code 33127. Its prime location offers unparalleled access to Miami's vibrant Design District, Midtown, and Wynwood, placing your business at the heart of the city's dynamic cultural and commercial scene. The building itself boasts a well-designed layout, including a dedicated conference room, multiple private offices, a welcoming reception area, and ample storage space. The expansive paved lot provides generous parking for cars and trucks, adding significant convenience and utility. This property benefits from excellent connectivity, being just two blocks from the Design District and four blocks from Midtown, with easy access to I-195/SR-112 via the North Miami Avenue ramp. Commuting to downtown Miami, the airport, and I-95 is also straightforward. The asking price for this exceptional property is $2,690,000. Additionally, the property is available for lease at $12,500 per month plus utilities, presenting a compelling investment opportunity with diverse income potential. This is a rare chance to acquire a well-maintained, strategically located office building in one of Miami's most sought-after neighborhoods.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $530,000
    ML approach
    $530,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $405,000
    6.5%
    $370,000
    7%
    $345,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $340,000
    Market price range: $103k - $488k

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


Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-dade
State
Florida
Longitude
-80.1999
Latitude
25.8127
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
$13,422
$773,500
$50,631
$824,131
-
$773,500
$50,631
$824,131
More about this property
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