7950 155Th StMiami Lakes, FL 33016

Property Details for 7950 155Th St

Year built

2002

Property size (Sq ft)

3,954 SF

Zone code

6900:SEMI PROFESS OFFICE

Property type

Office buildings

APN

32-2015-042-1101

APU

3220150421101

Description

This 977-square-foot office suite is available for lease in the Royal Oaks Professional Center, located in the heart of Miami Lakes, Florida. The unit, number 103, boasts a spacious waiting room with a dedicated reception area, providing a professional and welcoming atmosphere for clients. Three private offices offer ample space for individual work or team collaboration, ensuring privacy and productivity. A private bathroom adds to the convenience and comfort of the space. A large open area is ideal for use as a conference room or to accommodate cubicles, offering flexibility to suit various business needs. The suite features a private entrance, a significant advantage for both privacy and accessibility. Two assigned parking spaces are located directly in front of the unit, ensuring convenient parking for occupants. Additional guest parking is readily available throughout the building and surrounding areas. The lease includes coverage of condominium association fees and real estate taxes by the owner, minimizing operational costs for the tenant. Please note that medical offices are not permitted in this building per the condominium association regulations. The property is zoned 6900 and the APN is 32-20-15-042-1100. This is a single-tenant occupancy in a building with one suite.

• CAP approach

  CAP return

  Valuation

  6%

  $1,121,057

  6.5%

  $1,034,822

  7%

  $960,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $557,672

  Geo Method

  $557,672

• Alternative Use

  Use

  Valuation

  Residential

  $1,283,179

  Hospitality

  $1,175,385

  Educational

  $977,907

  Medical

  $1,011,538

  Retail

  $1,521,188

Location Insight

City

Miami Lakes

County

Miami-dade

State

Florida

Latitude

25.9145

Longitude

-80.3296

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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