540 165Th Street RdMiami, FL 33169

  • Office properties
  • 856 SF
For Lease
$24/SF/YR View listing

Property Details for 540 165Th Street Rd

Year built
1975
Property size (Sq ft)
856 SF
Zone code
6600:COMMERCIAL,LIBERAL
Property type
Office properties
Property subtype
Office buildings
APN
30-2113-024-0270
APU
3021130240270

Description

This exceptional 550-square-foot office space in Miami, Florida, is ideally suited for a single tenant seeking a functional and conveniently located workspace. Situated on the second floor of a two-story building at 540 NW 165th St Rd #208, this corner unit offers a smart layout. The space is efficiently divided into three separate offices, with the entrance area easily adaptable as a reception area. Ample parking is available for both employees and clients, a significant advantage in this location. The property boasts convenient elevator access and 24/7 access to the office space, along with continuous air conditioning. The zoning designation is 6600. The property includes four parking spaces and is part of a building with a single suite. The APN is 30-21-13-024-0200. Electricity is not included in the lease. This property is perfect for traditional office use or as a coworking space. The building features a total of one suite across two stories. Note that this is an office-only space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $230,267
    6.5%
    $212,554
    7%
    $197,372
  • Comparable approach

    Method
    Valuation
    Relative Method
    $120,730
    Geo Method
    $120,730
  • Alternative Use

    Use
    Valuation
    Residential
    $263,568
    Hospitality
    $241,426
    Educational
    $200,864
    Medical
    $207,772
    Retail
    $312,455
540 165Th Street Rd, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.9227
Longitude
-80.2085
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
$1,032
-
-
$81,320
-
-
-
$81,320

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