777 125Th StNorth Miami, FL 33161

Property Details for 777 125Th St

Year built

1952

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

6,984 SF

Zone code

6000:COMMERCIAL,GENERAL

Property type

Retail properties

Property subtype

Outlet malls

APN

06-2230-007-1040

APU

622300071040

Description

This newly renovated 5,400 square foot flex space offers a single-tenant occupancy in a prime location at 777 NE 125th Street. The property is zoned 6000 and features a convenient back-alley second-floor entrance, providing easy access and enhanced privacy. The interior boasts a private kitchenette and bathroom, adding to the overall functionality and appeal. The building consists of a single suite, making it ideal for a business seeking a self-contained workspace. The property's location on the busy NE 125th Street offers excellent visibility and accessibility, further enhanced by the significant amount of new construction and increased foot traffic in the surrounding area. This presents a unique opportunity for businesses to tap into a growing customer base. The property's APN is 06-22-30-007-1040. This is a fantastic opportunity for a business seeking a modern, well-located, and easily accessible office space. The combination of convenient amenities, prime location, and high foot traffic makes this property an exceptional investment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,660,715

  6.5%

  $6,148,352

  7%

  $5,709,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,738,214

  Geo Method

  $6,738,214

• Alternative Use

  Use

  Valuation

  Residential

  $5,186,365

  Hospitality

  $4,750,682

  Educational

  $3,952,512

  Medical

  $4,088,445

  Retail

  $6,148,352

Location Insight

City

North Miami

County

Miami-dade

State

Florida

Latitude

25.8907

Longitude

-80.1831

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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