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    9190 Biscayne Blvd Miami Shores, FL 33138-3265
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    Property profile & analytics

    9190 Biscayne Blvd Miami Shores, FL 33138-3265


    • Banks
    • 13,686 SF
    • 0.90 lot acres
    Off-Market
    Last Sale Dec 7, 2023
    Property ID
    US18-0296266
    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
    $750,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 9190 Biscayne Blvd

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.90 lot acres
    Property size
    13,686 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Banks
    APN
    11-3206-010-0030
    APU
    1132060100030

    Description

    This exceptional investment opportunity presents a 20-year absolute NNN ground lease with Chick-fil-A, located at 9190 Biscayne Blvd in Miami Shores, Florida (33138). The property boasts a 3,686 square foot building on a 0.88-acre lot, constructed in 2024 and commencing operations May 1, 2024. The lease features a strong initial ground rent of $350,000, with built-in rent increases of 10% every five years, ensuring consistent and growing income. This Class A property benefits from its prime location on a heavily trafficked corridor (Biscayne Blvd, 50,000 vehicles per day), situated near a high-performing Publix supermarket and within close proximity to significant population centers (14,000 within 1 mile, 168,000 within 3 miles), and upscale shopping destinations like Aventura Mall and Bal Harbour Shops. The lease extends until April 30, 2044, offering long-term stability and significant return on investment. This is a rare opportunity to acquire a generational real estate asset anchored by a world-renowned tenant in a highly desirable Miami location. The lease includes ten 5-year renewal options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $575,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $930,000
      Market price range: $924k - $2.09M

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


    Location Insight

    • Map
    • Local Demand
    City
    Miami Shores
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1833
    Latitude
    25.8596
    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
    $109,224
    $3,120,000
    $1,281,266
    $4,401,266
    -
    $3,120,000
    $1,281,266
    $4,401,266
    More about this property
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