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Property profile & analytics
OFF-MARKET Estimated value $875,000
Retail residential properties

5010 2nd Ave Miami, FL 33137-2709

4,378 SF 0.11 ac lot Built 1949
Entity Owned 10-yr Hold Free & Clear
Property ID
US19-0339633
Property summary
AI-generated overview

This exceptional 4,000 square foot retail space is ideally situated within the prestigious Upper Buena Vista retail district. The single-tenant property features a unique loft design, boasting a captivating and stylish interior. High ceilings, measuring 14 feet, create an airy and spacious atmosphere. The open floor plan offers maximum flexibility for a variety of retail uses. The property includes a well-appointed bathroom featuring attractive fixtures, all contributing to a retro-inspired ambiance that complements the neighborhood's character. The property's zoning designation is 3901, and its Assessor's Parcel Number (APN) is 01-31-24-012-0770. This location offers unparalleled visibility and accessibility, making it an excellent opportunity for a discerning business owner seeking a unique and high-impact retail presence. The property is a single-tenant space, offering complete control and customization. The building itself has no other suites. This prime retail space presents a rare opportunity to establish a thriving business in a highly desirable and vibrant area. Its distinctive character and prime location make it a truly exceptional offering. Serious inquiries are encouraged to explore this remarkable property further.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1949
Construction CONCRETE
Total area 4,378 SF
Lot 0.11 ac (4,771 SF)
Zoning code 3901:KING HTS ORCHARD VI
APN 01-3124-015-0020
UPID US19-0339633
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
Current use
Occupant on record · Public records
  • Goldenbar - Upper Buena Vista Clothing Store
  • Island Soul (IS) Jewelry (Bike/Boat/Book/etc) Store
  • Iniva Department Store
  • Branja Restaurant
  • Randy Lindgren Aesthetic Rejuvenation Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$875k
Owner & transaction history
Bvm Dev LLC · 10 yrs held
Bvm Dev LLC
since 2016
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
$825,000
1999
$200,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
3901:KING HTS ORCHARD VI · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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