17450 Biscayne BlvdNorth Miami Beach, FL 33160

Property Details for 17450 Biscayne Blvd

Year built

1995

Construction

CONCRETE

Lot size

1.30 AC

Property size (Sq ft)

5,878 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Bars

APN

07-2209-009-0090

APU

722090090090

Description

This exceptional retail space, located at 17450 Biscayne Boulevard in the Aventura area, offers a significant opportunity for businesses seeking high visibility and foot traffic. The property boasts a total of 23,426 square feet of vacant space, presenting a blank canvas for a variety of retail concepts. Its prime location on Biscayne Boulevard ensures maximum exposure to the bustling community and its many visitors. The property benefits from its proximity to high-performing restaurants and is within two miles of Aventura Mall, a major regional shopping destination attracting over 28 million visitors annually. This strategic location places the property within a thriving commercial hub, surrounded by numerous national brands and over 2.3 million square feet of office space within a three-mile radius. The available space is highly adaptable, with up to 8,837 square feet potentially available, making it suitable for a range of retail businesses. This is a rare opportunity to establish a presence in one of South Florida's most desirable commercial areas. The property is offered as a single-tenant space, providing complete control and flexibility for the lessee. This location offers unparalleled access to a large and affluent customer base, making it an ideal investment for discerning businesses. Inquire today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,594,304

  6.5%

  $4,240,896

  7%

  $3,937,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,671,136

  Geo Method

  $5,671,136

• Alternative Use

  Use

  Valuation

  Residential

  $3,577,354

  Hospitality

  $3,276,837

  Educational

  $2,726,290

  Medical

  $2,820,052

  Retail

  $4,240,896

Location Insight

City

Aventura

County

Miami-dade

State

Florida

Latitude

25.9365

Longitude

-80.1507

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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