2675 69Th CtMiami, FL 33155

Property Details for 2675 69Th Ct

Year built

1966

Construction

CONCRETE

Lot size

0.67 AC

Property size (Sq ft)

6,500 SF

Zone code

7600:INTENSIVE USE

Property type

Automotive properties

APN

30-4014-000-0010

APU

3040140000010

Description

This exceptional Miami commercial property, located at 2675 SW 69th Ct, offers a compelling investment opportunity. The property encompasses 11,906 square feet across four single-story buildings, constructed in 1966. Currently occupied by a long-term tenant operating an auto repair and paint business (business not included in sale), this property provides a stable cash flow. The sale includes the real estate and buildings, encompassing two separate folio numbers that must be purchased together. Strategically positioned south of the Braman Honda dealership and across from a BJ's warehouse, the property benefits from its proximity to the Ludlam Trail corridor, an area slated for future development by Miami-Dade County. Observe the ongoing residential development along Coral Way and Bird Road, indicating significant growth in the surrounding area. Further south on 69th Ct, additional redevelopment projects are underway. This presents investors with a unique chance to acquire a stable, income-generating asset with substantial long-term redevelopment potential, promising significant financial returns. The property's location in Miami, Florida, zip code 33155, offers excellent access to major transportation routes and amenities. This is a rare opportunity to capitalize on the burgeoning Miami real estate market. The asking price is $5,300,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,709,080

  6.5%

  $2,500,689

  7%

  $2,322,068

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,310,235

  Geo Method

  $2,310,235

• Alternative Use

  Use

  Valuation

  Residential

  $2,109,424

  Hospitality

  $1,932,222

  Educational

  $1,607,586

  Medical

  $1,662,873

  Retail

  $2,500,689

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7455

Longitude

-80.3081

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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].