235 49Th StHialeah, FL 33012

Property Details for 235 49Th St

Year built

1957

Construction

CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

2,532 SF

Zone code

4800:PLANNED RESID OFFICE

Property type

Office properties

Property subtype

Office buildings

APN

04-2131-031-1340

APU

421310311340

Description

This exceptional free-standing medical office building, located at 235 W 49th St in Hialeah, Florida, presents a unique investment opportunity. Priced at $2,790,000, this single-story, 1957-built property offers a turnkey solution for medical professionals. Situated on a high-traffic street, the building benefits from abundant on-site parking, with the potential for reconfiguration to maximize parking capacity. Recent renovations ensure a move-in ready condition, eliminating the need for extensive upgrades. The property's layout is available upon request, detailing the room distribution within the building. A significant advantage is the completed 40-year re-certification, providing peace of mind for long-term ownership. This property is ideally suited for a 1031 exchange, making it an attractive option for investors seeking tax-deferred exchanges. The building's prime location in Miami-Dade County, within the 33012 zip code, offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, fully operational medical office building in a thriving location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $717,885

  6.5%

  $662,663

  7%

  $615,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $357,113

  Geo Method

  $357,113

• Alternative Use

  Use

  Valuation

  Residential

  $821,702

  Hospitality

  $752,675

  Educational

  $626,216

  Medical

  $647,753

  Retail

  $974,114

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8671

Longitude

-80.2874

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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