8900 107Th AveMiami, FL 33176

Property Details for 8900 107Th Ave

Year built

1973

Construction

CONCRETE

Lot size

2.02 AC

Property size (Sq ft)

41,845 SF

Zone code

6200:COMMERCIAL,ARTERIAL

Property type

Office properties

Property subtype

Office buildings

APN

30-5005-015-0010

APU

3050050150010

Description

This exceptional 1,350 square foot office space presents a unique investment opportunity in a highly desirable Miami location. Situated at 8900 SW 107th Ave #306, this single-tenant property boasts convenient access to major transportation arteries, including the Florida Turnpike, 874, and 836 expressways, ensuring seamless commutes for employees and clients. The property is categorized as Special Purpose with a zoning designation of 6200, and its location directly across from Kendall Mall provides high visibility and easy access to a wide range of amenities. The building itself comprises a single suite, totaling 33,736 square feet, of which this 1,350 square foot unit is a part. The property's APN is 30-50-05-015-0010. This offering represents a compelling chance to acquire a well-situated office space in a thriving Miami commercial district. Its strategic location and convenient access to key transportation networks make it an attractive proposition for businesses seeking a prominent and easily accessible office presence. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to secure a foothold in a dynamic and growing area of Miami. Further details regarding the property's specifics are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $11,864,095

  6.5%

  $10,951,473

  7%

  $10,169,225

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,901,819

  Geo Method

  $5,901,819

• Alternative Use

  Use

  Valuation

  Residential

  $13,579,826

  Hospitality

  $12,439,048

  Educational

  $10,349,142

  Medical

  $10,705,064

  Retail

  $16,098,665

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.6859

Longitude

-80.3664

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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