113 1St StMiami, FL 33131

Property Details for 113 1St St

Year built

1994

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

13,945 SF

Zone code

6401:COMMERCIAL

Property type

Retail properties

Property subtype

Outlet malls

APN

01-0110-040-1090

APU

101100401090

Description

This exceptional retail property, located at 113 SE 1st Street in Miami, Florida, 33131, presents a unique investment opportunity. Priced at $220,000, this established business has been operating successfully for over eight years, specializing in shipping services. Situated in Miami-Dade County, the property benefits from a highly desirable location within the vibrant city of Miami. The exact square footage is not specified, but the property's long-standing success speaks to its strong market position and potential for continued growth. The property's address is 113 SE 1st Street, Miami, FL 33131, with coordinates 25.7736579 latitude and -80.1915603 longitude. This turnkey operation offers immediate income potential and a proven business model. The property is classified as retail and is ready for a new owner to continue its legacy of success. Serious inquiries are encouraged to schedule a viewing and explore this compelling investment opportunity further. The property's history of consistent operation makes it an attractive proposition for investors seeking a stable and profitable venture in a dynamic urban setting. The established clientele and proven business model provide a solid foundation for future expansion and growth. This is a rare chance to acquire a well-established business in a prime Miami location.

• CAP approach

  CAP return

  Valuation

  6%

  $17,698,624

  6.5%

  $16,337,192

  7%

  $15,170,249

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,454,236

  Geo Method

  $13,454,236

• Alternative Use

  Use

  Valuation

  Residential

  $13,781,032

  Hospitality

  $12,623,352

  Educational

  $10,502,480

  Medical

  $10,863,677

  Retail

  $16,337,192

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7754

Longitude

-80.1914

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].