Technical
Financial
Distress signals
Property profile

40 1st Ave Florida City, FL 33034

OFF-MARKET
Turn key restaurants
Property ID
US18-0227638
4,019 SF 1.28 ac lot Built 1976
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction WOOD
Total area 4,019 SF
Lot 1.28 ac (55,757 SF)
Zoning code 6000:COMMERCIAL,GENERAL
APN 16-7930-001-0243
UPID US18-0227638

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
  • Restaurant
  • Corporate Office
  • Real Estate Agency

Location

40 1st Ave Florida City, FL 33034-5002
Florida City metro Census 11412 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$864k
Blend (final) Blend
$655k

Owner & transaction history

since 2004
2 recorded transactions
2004
$1.6M
2004
Price N/A

Zoning & alternative use

6000:COMMERCIAL,GENERAL · Florida City, FL

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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