1400 119Th StMiami, FL 33167
- Retail properties
- 2,756 SF
Property Details for 1400 119Th St
- Year built
- 1981
- Construction
- CONCRETE
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 2,756 SF
- Zone code
- 6062
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 30-2135-031-0010
- APU
- 3021350310010
Description
This exceptional Miami-Dade County commercial property, located at 1400 NW 119th St, Miami, FL 33167, offers 4,000 square feet of versatile space ideal for executive offices or retail use. Currently configured as two separate 650 square foot units, each unit is available for lease individually at $2,000 per month. Alternatively, both units can be combined to create a larger 1,300 square foot space for $4,000 per month, providing significant flexibility for businesses of varying sizes. The property is a single-tenant building, ensuring privacy and control. Situated in a well-maintained building, this location provides a convenient and easily customizable space to suit a range of business needs. The property is conveniently located in Miami, Florida, offering easy access to major transportation routes and amenities. There are no elevators in the building. This presents a unique opportunity to secure a prime location with adaptable lease terms in the thriving Miami market. The property is classified as Retail and Office, specifically categorized as an Executive Office space. This listing presents a compelling opportunity for businesses seeking a well-located and adaptable commercial space in Miami-Dade County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,628,426
- 6.5%
- $2,426,240
- 7%
- $2,252,937
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,659,009
- Geo Method
- $2,659,009
-
Alternative Use
- Use
- Valuation
- Residential
- $2,046,624
- Hospitality
- $1,874,697
- Educational
- $1,559,726
- Medical
- $1,613,367
- Retail
- $2,426,240
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.883
- Longitude
- -80.2228
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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