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1775 3 AVENUE, Miami FL 33129

Commercial For Sale
$19,000,000

BTC: 248.17136886

ETH: 8,444.44444444

+$500K (2026/10/15)
20 days
0 room(s)

Overview

SHOPPING CENTER FOR SALE! LOCATION, LOCATION, LOCATION. PRIME RETAIL SPACE FOR SALE! HIGH VISIBILITY, DAILY TRAFFIC FLOW. 1 ACRE LOT, 18, 013 SQ. FT. CORAL RITZ SHOPPING CENTER. IT IS THE BEST INVESTMENT YOU CAN DREAM OF; VERY CLOSE TO BRICKELL AREA. YOU CAN MAINTAIN THE EXISTING BUILDING OR BUILD A NEW BUILDING OF 8 FLOORS. MAXIMUM TO BUILD 217,000, OR BUILD WITH THE LIVE LOCAL ACT 470 UNITS WITH APROX 334,400 SF DEDICATED WITH 188 AFFORDABLE HOUSING UNITS, 66 LODGING UNITS AND 216 MARKET RATE UNITS FOR A TOTAL OF 564,000 SF OF CONSTRUCTION AREA IN 24 FLOOR LEVELS. BASE ON THE PROGRAM REQUIREMENTS AND GUILINES SUBMITTED AND SUBJECT TO THE TERMS AND ALL THE APPLICABLE LAWS AND REGULATIONS IN EFFECT AT THE TIME OF SUBMITAL. SUBJECT TO VERIFY THE LIVE LOCAL ACT

Location

Details

Type:
Commercial Sale
Parking:
Additional Spaces Available / Common / Free Parking / Guest
Year Built:
No Data
Lot:
1.00 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,120,000
$337K – $9.9M
Confidence Low
List vs. estimate
$17.9M above estimate
List $19,000,000 · +1596.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $475K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$231,000
2025
All facts and features
  • Flooring

    • Concrete

    • Tile

    • Vinyl

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Additional Spaces Available

    • Common

    • Free Parking

    • Guest

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 01-41-39-085-0010

    • Zoning: 61/COMME

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $231,000

  • Source details

    • MLS ID: A12106298

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: City Location / Corner Unit / Corner Lot

    • Window Features: Complete Panel Shutters/Awnings

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Realty of Miami Corp