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Property profile & analytics
FOR LEASE
Turn key restaurants

8737 SW 24Th St Miami, FL 33165

3,290 SF 0.29 ac lot Built 1961
Individually Owned Absentee Owner Free & Clear
Property ID
US18-4036007
Property summary
AI-generated overview

This exceptional single-story retail center, located at 8737 SW 24th St in Miami, Florida (zip code 33165), offers 163,068 square feet of prime retail space. The property boasts 26 individual suites, providing ample opportunity for a diverse range of businesses. Its convenient location in Miami-Dade County ensures high visibility and accessibility for customers. The center features a substantial 617-space parking lot, guaranteeing convenient parking for shoppers and employees. The property's multiple tenancy structure allows for flexibility and a vibrant retail environment. This is an excellent investment opportunity for those seeking a well-established retail center in a thriving Miami location. The property is situated on Coral Way (SW 24th St) & SW 87th Avenue, benefiting from significant foot and vehicle traffic. The single-story design provides easy navigation and accessibility for all tenants and customers. With its substantial size and ample parking, this retail center presents a unique opportunity to establish or expand a retail presence in a high-demand area of Miami. The property's strategic location and substantial size make it an ideal investment for long-term growth and profitability. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1961
Construction CONCRETE
Total area 3,290 SF
Lot 0.29 ac (12,750 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 30-4009-009-0013
UPID US18-4036007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • M&O INC Medical Supply Store
  • U'DFixing Glass Doors Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JULIUS D SMOLEN
JULIUS D SMOLEN
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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