This exceptional Class A retail property, The Brown Jordan Building, offers 8,600 square feet of prime showroom or gallery space in Miami's Design District. Built in 2016, this two-story building features two available suites, with a minimum divisible space of 3,038 square feet. The building boasts a unique architectural design by Touzet Studio, incorporating repurposed Miami-Dade County pine, coral rock, and organic concrete flooring, creating a modern and stylish aesthetic. Its strategic location at the intersection of the Design District, Wynwood, Midtown, and Edgewater provides unparalleled visibility and accessibility. Beyond the main building, a significant amenity is a 2,520-square-foot rooftop terrace offering breathtaking 360-degree views of the vibrant Miami cityscape. This is a rare opportunity to secure a highly desirable space in one of Miami's most sought-after neighborhoods. The property is situated in Miami-Dade County, Florida, at 3625 NE 2nd Ave, zip code 33137.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,604,888
6.5%
$7,019,897
7%
$6,518,476
Comparable approach
Method
Valuation
Relative Method
$7,693,372
Geo Method
$7,693,372
Alternative Use
Use
Valuation
Residential
$5,921,546
Hospitality
$5,424,104
Educational
$4,512,791
Medical
$4,667,992
Retail
$7,019,897
Location Insight
City
Miami
County
Miami-dade
State
Florida
Latitude
25.8111
Longitude
-80.1911
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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