16764 2Nd AveNorth Miami Beach, FL 33162

Property Details for 16764 2Nd Ave

Year built

1971

Construction

CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

3,084 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Outlet malls

APN

07-2113-007-1330

APU

721130071330

Description

This exceptional 4,500 square foot retail space is ideally situated on NE 2nd Avenue. Its single-tenant occupancy offers a unique opportunity for a business seeking a prominent location. The property boasts a highly desirable zoning classification of 6400, providing flexibility for a variety of retail uses. The convenient location behind a Starbucks offers significant foot traffic and visibility, ensuring high exposure for your business. The property's Assessed Parcel Number (APN) is 07-21-13-007-1330. This single-tenant building presents a rare chance to establish a strong retail presence in a thriving area. The absence of multiple suites simplifies management and allows for complete control over the space. The property's strategic placement promises excellent accessibility and visibility, making it an attractive proposition for businesses seeking a high-impact location. This is a turnkey opportunity for a business looking to establish a strong foothold in a busy commercial area. The property's zoning designation allows for a wide range of retail possibilities, making it a versatile option for various business models. Serious inquiries are encouraged to explore the potential of this exceptional retail space. Contact us to schedule a viewing and discuss the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,219,524

  6.5%

  $1,125,714

  7%

  $1,045,306

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,096,118

  Geo Method

  $1,096,118

• Alternative Use

  Use

  Valuation

  Residential

  $949,582

  Hospitality

  $869,812

  Educational

  $723,674

  Medical

  $748,562

  Retail

  $1,125,714

Location Insight

City

North Miami Beach

County

Miami-dade

State

Florida

Latitude

25.929

Longitude

-80.1966

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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