152 168Th StNorth Miami Beach, FL 33169

  • Parking lots & garages
  • 0.22 AC
For Lease
$38/SF/YR View listing

Property Details for 152 168Th St

Lot size
0.22 AC
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Parking lots & garages
APN
07-2113-007-1300
APU
721130071300

Description

This exceptional medical office building, situated on the Jackson Memorial North Campus, offers immediate access to I-95 via the Golden Glades Interchange, providing convenient north and south access via the Palmetto Expressway and Turnpike. The building has undergone extensive renovations, resulting in turnkey units ready for immediate occupancy. Three spaces are currently available, ranging from 700 to 12,655 square feet. A significant 12,700 square foot space is fully built out as a recovery and detox center, adaptable for various medical uses. The building boasts accessible parking and a state-of-the-art build-out. Currently, 13,755 square feet are vacant. The property's location offers exceptional walkability to Jackson Memorial Hospital North. Flexible lease terms and below-market rental rates are available to qualified tenants. This is a unique opportunity to secure high-quality medical office space in a prime location with convenient access to major transportation arteries and a renowned medical facility. The building features multiple tenancies, allowing for flexibility in space requirements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,707,210
    6.5%
    $3,422,040
    7%
    $3,177,609
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,332,070
    Geo Method
    $3,332,070
  • Alternative Use

    Use
    Valuation
    Residential
    $2,886,619
    Hospitality
    $2,644,127
    Educational
    $2,199,883
    Medical
    $2,275,540
    Retail
    $3,422,040

Location Insight

City
North Miami Beach
County
Miami-dade
State
Florida
Latitude
25.9289
Longitude
-80.1973
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
$5,651
$253,125
$11,250
$264,375
-
$253,125
$11,250
$264,375

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