2829 Bird AveMiami, FL 33133

Property Details for 2829 Bird Ave

Year built

1967

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

7,684 SF

Zone code

6101

Property type

Outlet malls

APN

01-4116-033-0090

APU

141160330090

Description

This exceptional 1,466 sq ft endcap retail space in Miami-Dade County's Coconut Grove submarket is situated within the vibrant Grove Center. Recently renovated, this second-generation space offers a flexible layout suitable for a variety of retail uses, previously configured as an office. The space boasts a highly visible 30+ foot linear storefront on the second floor, benefiting from significant daily traffic exceeding 13,000 vehicles on Bird Avenue. The building features a total of 8,907 square feet across two stories, with 19 parking spaces available for tenants and customers. Currently, 2,324 square feet are vacant, presenting a unique opportunity for a business seeking high visibility and a strong tenant mix. The Grove Center houses a diverse range of businesses, including yoga studios, a chiropractic office, a hair salon, a postal facility, and a Stretch Zone, creating a thriving and complementary commercial environment. This endcap space offers a chance to establish a presence in a desirable Coconut Grove location with excellent visibility and ample parking. The space is ready for immediate occupancy and offers the potential for significant return on investment. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $7,332,500

  6.5%

  $6,768,460

  7%

  $6,285,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,059,570

  Geo Method

  $3,059,570

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,912,100

  Mixed-Use / Specialty

  $6,860,350

  Hospitality / Lodging

  $5,184,270

  Office

  $6,940,430

  Institutional / Educational

  $7,173,460

  Residential Income

  $8,392,950

  Multifamily

  $9,422,880

  Automotive / Energy

  $6,148,680

  Parking / Income-Based Land

  $2,007,210

  Restaurant / Food Service

  $3,815,720

  Healthcare / Senior Housing

  $6,916,190

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7358

Longitude

-80.2391

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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