Property profile & analytics
823 125th St North Miami, FL 33161-5711
- Outlet malls
- 3,500 SF
- 0.12 lot acres
OFF-MARKET
Value Estimations
$925,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-5513833
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.
Current Use by Public Records
- Outlet malls
Property Details for 823 125th St
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 3,500 SF
- Zone code
- 6000:COMMERCIAL,GENERAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 06-2230-007-1210
- APU
- 622300071210
Description
The Taft Retail Center presents a unique opportunity for retail businesses seeking a well-established presence in a thriving area. This single-story, 21,600 square foot shopping center, constructed of concrete block and stucco, offers a versatile space ideal for a variety of retail concepts. Built in 1948 with renovations completed in 1985, the property is in good condition and boasts a rectangular footprint. Currently, 2,000 square feet of retail space is immediately available, divisible into units as small as 750 square feet, with a maximum contiguous space of 2,000 square feet. All utilities are readily accessible. The center's convenient location and established presence make it an attractive option for businesses seeking high visibility and foot traffic. This is an excellent opportunity to secure a space in a well-maintained, functional retail center with a proven track record. The property's solid construction and readily available utilities ensure a smooth and efficient operation for any tenant. The flexible space options cater to a wide range of business needs, making it an ideal location for both established businesses and new ventures.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,181,000
Market price range: $661k - $1.29M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $915,000 Current use
- MEDICAL BUILDING
- $1,535,000 Change: +68% Conversion: Difficult
- OFFICE BUILDING
- $1,140,000 Change: +25% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,040,000 Change: +14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $995,000 Change: +9% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1818
- Latitude
- 25.8908
- 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
$13,075
$378,000
$494,700
$872,700
-
$378,000
$494,700
$872,700
