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    702 5th Ave Miami, FL 33136

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    Property profile & analytics

    702 5th Ave Miami, FL 33136


    • Outlet malls
    • 6,431 SF
    • 0.17 lot acres
    Off-Market
    Last Sale May 7, 2021
    $750,000
    Property ID
    US18-0274726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Salamander Miami / Theater & Performing Art Venue

    Property Details for 702 5th Ave

    Year built
    1947
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    6,431 SF
    Zone code
    6101
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    01-0104-090-1240
    APU
    101040901240

    Description

    This exceptional 6,431-square-foot retail space, located at 702 NW 5th Ave in Miami, Florida, presents a unique opportunity for a discerning tenant. Situated on a 7,500-square-foot lot in Miami-Dade County, this single-tenant property boasts a prime location at the nexus of Brickell, Downtown, River, and Health districts – experiencing significant growth. Built in 1947, this one-story building is fully built-out and ready for immediate occupancy. Its versatile design is perfectly suited for a variety of uses, including a gallery, showroom, entertainment venue, or flexible office space. The property's turnkey condition eliminates the need for extensive renovations, allowing for a swift and efficient transition. The strategic location offers unparalleled access to a vibrant and expanding urban core, providing exceptional visibility and accessibility for any business. This is an ideal opportunity for businesses seeking a high-profile location in a thriving Miami neighborhood, offering immediate access to a dense population and significant foot traffic. The property's size and layout provide ample space for a variety of configurations, catering to the specific needs of a diverse range of potential tenants. This is a rare chance to secure a well-established space in a rapidly developing area of Miami. The zip code is 33136.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,015,000
      ML approach
      $1,035,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $550,000
      Market price range: $429k - $1.30M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2032
    Latitude
    25.7808
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,782
    $600,000
    $289,340
    $889,340
    -
    $600,000
    $289,340
    $889,340
    More about this property
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