Property profile

56 1st St Miami, FL 33132

OFF-MARKET
Outlet malls
Property ID
US18-3234539
12,273 SF 0.17 ac lot Built 1913
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1913
Construction CONCRETE
Total area 12,273 SF
Lot 0.17 ac (7,500 SF)
Zoning code 6401:COMMERCIAL
APN 01-0111-060-1080
UPID US18-3234539

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
  • Big Box & Wholesale Store
  • Parking Lot & Garage
  • (Bike/Boat/Book/etc) Store

Location

56 1st St Miami, FL 33132-2412
Miami metro Census 3704 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
$6.16M
Comparable Approach Comparable
$6.94M
Blend (final) Blend
$8.09M

Owner & transaction history

since 1997
3 recorded transactions
2017
Price N/A
1997
$575,000
1969
Price N/A

Zoning & alternative use

6401:COMMERCIAL · Miami, 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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