9610 Fontainebleau Blvd Miami, FL 33172-6876
Property profile & analytics
9610 Fontainebleau Blvd, Miami, FL 33172-6876
- Outlet malls
- 15,455 SF
- 1.70 lot acres
Property ID
US18-2630693
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.
Location Intelligence
Current Use by Public Records
- Stop N Shop / Grocery & Convenience Store
- Coinsource Bitcoin ATM / Atm
Property Details for 9610 Fontainebleau Blvd
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 1.70 lot acres
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 30-4004-021-0010
- APU
- 3040040210010
Description
This exceptional 11,890-square-foot multi-tenant retail property, located at 9610 Fontainebleau Blvd, Miami, FL 33172, presents a compelling investment opportunity. Boasting 100% occupancy across ten tenants, the property generates a strong NOI of $568,276, resulting in a 6.53% cap rate. The asking price is $8,707,011, translating to $732.30 per square foot. Built in 1973 and extensively renovated in 2023 (including a new roof), this single-story building sits on a 74,052-square-foot lot and offers ample parking with 68 spaces (4.4 spaces per 1,000 square feet). The property benefits from a highly desirable location on a signalized intersection with two curb cuts, ensuring easy access. Its strategic placement within the Fontainebleau community provides access to over 6,000 apartment units within a half-mile radius and a substantial population base. Six of the ten tenants have occupied their spaces for over ten years, demonstrating strong tenant loyalty and stability. All leases are structured as triple net, with tenants responsible for their pro-rata share of taxes, insurance, and common area maintenance. Annual rent increases of 5% are built into all leases, further enhancing the property's long-term value. The property's unique position as the only retail center on Fontainebleau Boulevard provides a significant competitive advantage. This is a rare opportunity to acquire a high-performing, well-maintained retail asset in a thriving Miami-Dade County location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,405,000
- 6.5%
- $7,755,000
- 7%
- $7,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,514,000
- AI Estimate
- $5,342,000
Market price range: $5.32M - $12.8MMarket price range: $693k - $9.46M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $8,870,000 Current use
- COMMERCIAL (GENERAL)
- $11,425,000 Change: +29% Conversion: Easy
- AUTO REPAIR, GARAGE
- $10,105,000 Change: +14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3505
- Latitude
- 25.7748
- 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
$61,821
$3,332,340
$877,410
$4,209,750
-
$3,332,340
$877,410
$4,209,750
