3625 2Nd AveMiami, FL 33137

  • Retail properties
  • 7,974 SF
For Lease
$195/SF/YR View listing

Property Details for 3625 2Nd Ave

Year built
2016
Construction
CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
7,974 SF
Zone code
6110:COMM/RES-DESIGN DIST
Property type
Retail properties
Property subtype
Outlet malls
APN
01-3219-050-0010
APU
132190500010

Description

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
3625 2Nd Ave, Miami, Florida

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

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
$149,763
$1,285,200
$6,084,800
$7,370,000
-
$1,285,200
$6,084,800
$7,370,000

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