7761 107Th AveDoral, FL 33178

  • Retail properties
  • 23,900 SF
For Sale
$325,000 View listing

Property Details for 7761 107Th Ave

Year built
2016
Construction
CONCRETE
Property size (Sq ft)
23,900 SF
Property type
Retail properties
Property subtype
Retail space
APN
35-3008-009-0115
APU
3530080090115

Description

Century Town Center, located at 7761 NW 107th Ave in Doral, Florida, 33178, offers exceptional retail space within Miami-Dade County's thriving Midtown Doral community. This eight-story building boasts a total of 70,000 square feet of retail space, with multiple tenancy options available. Individual spaces range from a minimum of 1,154 square feet to a maximum contiguous space of 3,191 square feet, providing flexibility for various business needs. Currently, 12,849 square feet of retail space is vacant and ready for immediate occupancy. The property sits on an eight-acre lot, offering ample parking and visibility. Its strategic location within Midtown Doral, a rapidly growing live-work-play community, provides unparalleled access to a large and diverse customer base. Midtown Doral's proximity to Miami International Airport (one mile away) further enhances its appeal as a prime commercial location. This vibrant community is recognized for its dynamic retail and entertainment offerings, making it an ideal location for businesses seeking high visibility and strong foot traffic. The building's eight stories provide a significant presence within the community. This opportunity presents a unique chance to establish a business in one of Florida's fastest-growing cities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,961,077
    6.5%
    $9,194,840
    7%
    $8,538,066
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,494,557
    Geo Method
    $8,494,557
  • Alternative Use

    Use
    Valuation
    Residential
    $7,756,192
    Hospitality
    $7,104,630
    Educational
    $5,910,968
    Medical
    $6,114,256
    Retail
    $9,194,840
7761 107Th Ave, Doral, Florida

Location Insight

City
Doral
County
Miami-dade
State
Florida
Latitude
25.844
Longitude
-80.3699
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$163,223
-
-
$7,308,000
-
-
-
$7,308,000

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