19370 Collins AveSunny Isles Beach, FL 33160

Property Details for 19370 Collins Ave

Year built

1972

Property size (Sq ft)

534 SF

Zone code

4000:MULTI-FAM,63-100 U/A

Property type

Retail properties

Property subtype

Retail space

APN

31-2202-048-3990

APU

3122020483990

Description

This exceptional 500-square-foot flex space in Sunny Isles Beach, Florida, presents a rare rental opportunity. Located at 19370 Collins Ave, 33160, this single-tenant industrial property (APN 31-22-02-048-4010) offers versatile zoning (RMF-2) suitable for various uses, including retail, banking, professional offices (law, accounting, dentistry, real estate, insurance), salons, spas, and more. The space includes bathrooms and is situated within a 1,200-unit community (three towers) providing excellent visibility and proximity to Heritage Park. The property boasts four covered parking spaces. Its location adjacent to the high-income Golden Beach neighborhood ensures high foot traffic and visibility. The monthly rent is $3,000, plus a prorated CAM fee (covering power, water, sewer, basic internet, cable, and trash), and prorated property taxes. This is a highly sought-after location, and this opportunity won't last long. Don't miss out on this chance to establish your business in a thriving Sunny Isles Beach community.

• CAP approach

  CAP return

  Valuation

  6%

  $417,380

  6.5%

  $385,274

  7%

  $357,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $515,207

  Geo Method

  $515,207

• Alternative Use

  Use

  Valuation

  Residential

  $324,993

  Hospitality

  $297,692

  Educational

  $247,676

  Medical

  $256,194

  Retail

  $385,274

Location Insight

City

Sunny Isles Beach

County

Miami-dade

State

Florida

Latitude

25.9549

Longitude

-80.122

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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