2173 62Nd StMiami, FL 33147

Property Details for 2173 62Nd St

Year built

1981

Construction

CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

9,372 SF

Zone code

6051

Property type

Retail properties

Property subtype

Outlet malls

APN

30-3115-019-0410

APU

3031150190410

Description

This 8,667-square-foot free-standing retail building at 2173 NW 62nd St, Miami, FL 33147, is available for lease. The single-story, Class C building sits on a 18,750-square-foot lot and features 20 parking spaces. Built in 1981 and completely renovated in 2011, the property is zoned 6051 and has an APN of 30-31-15-019-0410. Its convenient location offers excellent visibility and accessibility, situated just west of I-95, providing easy access to Hollywood (40 minutes north), Downtown Miami (20 minutes south), and Miami Airport (20 minutes north). The property benefits from a high-traffic corner location with a nearby bus stop and significant street frontage. Surrounding businesses include Westside Grocery, MoneyGram, a laundromat, Dunkin', Advance Auto Parts, KFC, Mobil, and a USPS, creating a strong retail environment and attracting substantial foot and vehicle traffic. The entire building (8,667 sq ft) is currently vacant and presents a unique opportunity for a variety of retail uses, including convenience stores, grocery stores, or pharmacies.

• CAP approach

  CAP return

  Valuation

  6%

  $8,938,176

  6.5%

  $8,250,624

  7%

  $7,661,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,042,173

  Geo Method

  $9,042,173

• Alternative Use

  Use

  Valuation

  Residential

  $6,959,710

  Hospitality

  $6,375,057

  Educational

  $5,303,972

  Medical

  $5,486,384

  Retail

  $8,250,624

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8318

Longitude

-80.2323

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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