Technical
Financial
Distress signals
Property profile

5837 Sunset Dr South Miami, FL 33143

OFF-MARKET
Retail residential properties
Property ID
US19-0476086
9,900 SF 0.32 ac lot Built 1926
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,900 square foot retail space is ideally situated at 5837 Sunset Drive in South Miami, Florida (zip code 33143). The property boasts a highly desirable, walkable location within a thriving retail corridor. The single-tenant building is fully built-out as standard retail space, eliminating the need for extensive renovations and allowing for immediate occupancy. Key features include central air conditioning, private restrooms, and a convenient location alongside other established businesses. The property is zoned 6300, and its APN is 09-40-25-030-0050. This presents a rare opportunity to establish or expand a retail business in a prime South Miami location. The property's excellent walkability and proximity to other retailers ensure high visibility and foot traffic. The air-conditioned interior provides a comfortable environment for both employees and customers. This turnkey solution offers immediate access to a thriving market, making it an exceptional investment opportunity. The property's location offers significant advantages for businesses seeking a high-traffic, easily accessible location in a vibrant South Florida community.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1926
Construction CONCRETE
Total area 9,900 SF
Lot 0.32 ac (13,770 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 09-4025-030-0050
UPID US19-0476086

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

Location

5837 Sunset Dr South Miami, FL 33143-5219
South Miami metro Census 7603 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
$3.60M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.90M

Owner & transaction history

since 2005
7 recorded transactions
2017
Price N/A
2011
Price N/A
2005
$5.4M
2003
$7,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6300:COMMERCIAL,RESTRICT · South 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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