5040 2Nd AveMiami, FL 33137
- Retail properties
- 814 SF
Property Details for 5040 2Nd Ave
- Year built
- 1937
- Construction
- CONCRETE
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 814 SF
- Zone code
- 3901:KING HTS ORCHARD VI
- Property type
- Retail properties
- Property subtype
- Other automotive properties
- APN
- 01-3124-012-0770
- APU
- 131240120770
Description
This exceptional 1,000-square-foot retail space is ideally situated at 5040 NE 2nd Ave in Miami, Florida (zip code 33137), offering unparalleled visibility at the entrance to the prestigious Upper Buena Vista neighborhood. The property, zoned 3901, features a single-tenant occupancy and is presented in a gross (NNN) format. The building itself boasts a unique aesthetic, highlighted by an exposed wood ceiling and a striking storefront design. The facade incorporates a glass door and a clouding element, all accented by pale bohemian tones that complement the surrounding area. The property benefits from its prominent location along NE 2nd Avenue, providing excellent exposure to potential customers. The space is versatile and suitable for a showroom, retail business, or other general commercial ventures. A large, established tree provides shade and adds to the property's charm. The property's APN is 01-31-24-012-0770. This is a rare opportunity to secure a highly visible and attractive retail space in a thriving Miami neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $776,320
- 6.5%
- $716,604
- 7%
- $665,418
-
Comparable approach
- Method
- Valuation
- Relative Method
- $785,353
- Geo Method
- $785,353
-
Alternative Use
- Use
- Valuation
- Residential
- $604,482
- Hospitality
- $553,702
- Educational
- $460,674
- Medical
- $476,517
- Retail
- $716,604
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.8219
- Longitude
- -80.1919
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].