RE/MAX 5 Star Realty
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Ground floor retail with apartments or offices above, live work buildings, and mixed use redevelopment throughout South Florida. We represent owners selling mixed use assets and investors buying them.
Mixed use assets need to be underwritten component by component. The retail and residential portions carry different risk, different cap rates, and different tenant pools, and the value is the sum of those parts rather than a single blended number.
The split of income between components, retail tenant credit and lease terms, residential rents against market, parking, and the condition of shared building systems.
How to value a building with two income streams, whether the commercial component should be re tenanted before a sale, and who manages it day to day.
Downtown Hollywood and Fort Lauderdale in Broward, urban core neighborhoods in Miami-Dade, and the coastal city centers of Palm Beach County.
Listing cards are layout templates. Live mixed use listings populate from the MLS, CoStar, and CREXi feeds.
Rows are templates. Published examples are pulled from the closed transaction lists.
Component by component. We capitalize the retail and residential income separately at the cap rate each component earns, then reconcile that against comparable whole building sales.
It lowers current income and it is also the fastest way to add value. We price the vacancy and give you the lease up scenario alongside the as is number.
Yes. Our management team handles both the commercial leases and the residential units, with one set of reporting for the whole asset.
Get a current value or a management proposal.
