Property profile

8625 124th Ave Miami, FL 33183

OFF-MARKET
Community centers
Property ID
US18-3023537
31,749 SF 12.89 ac lot Built 2000
Entity Owned 26-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Construction CONCRETE
Total area 31,749 SF
Lot 12.89 ac (561,360 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 30-4936-023-0010
UPID US18-3023537

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
  • Spa & Massage Center Alternative Medicine Practice
  • Community Center
  • Association / Organization

Location

8625 124th Ave Miami, FL 33183-4601
Miami metro Census 15700 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
by Request
Blend (final) Blend
$10.56M

Owner & transaction history

since 1999
7 recorded transactions
2018
Price N/A
1999
$4.5M
1999
$1.5M
1999
$3.0M
1999
$1.4M
1999
$1.6M
1969
Price N/A

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Miami, FL
Top alternative use upside
Medical building $13.9M +54.5%
Warehouse, storage $9.4M +4.6%

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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