Property profile

555 Jefferson Ave Miami Beach, FL 33139

FOR SALE
Outlet malls
Property ID
US18-4009421
6,718 SF 0.32 ac lot Built 1966
Entity Owned 30-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5,461 square foot commercial property, located at 555 Jefferson Avenue, at the intersection of Jefferson Avenue and 6th Street, presents a unique investment opportunity. Built in 1966, this single-story building sits on a 14,000 square foot lot and offers a single, vacant suite. The property is zoned 6503 and features 18 parking spaces, providing ample convenience for customers and employees. Its prime location offers exceptional visibility and accessibility, making it ideal for a variety of uses, including restaurants, retail establishments, or professional offices. The open layout allows for flexible design and customization to suit specific business needs. The property includes essential amenities such as HVAC and ample storage, and existing kitchen facilities are available depending on the previous tenant's configuration. The APN is 02-42-03-009-5020. This property is ready for immediate occupancy and represents a significant opportunity for a business seeking a high-visibility location with substantial space. The property's versatility and convenient location make it an attractive option for a wide range of commercial ventures. This is a single-tenant building, offering a unique opportunity for a business to establish a strong presence in a vibrant area.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1966
Construction CONCRETE
Total area 6,718 SF
Lot 0.32 ac (14,000 SF)
Zoning code 6503:COMMERCIAL
APN 02-4203-009-5020
UPID US18-4009421

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
  • Barber Shop

Location

555 Jefferson Ave Miami Beach, FL 33139
Miami Beach metro Census 4405 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.87M

Owner & transaction history

Zoning & alternative use

6503:COMMERCIAL · Miami Beach, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message