1401 17Th AveMiami, FL 33125

Property Details for 1401 17Th Ave

Year built

1965

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

2,902 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office buildings

APN

01-3135-032-0410

APU

131350320410

Description

This exceptional 2,902-square-foot flex space at 1401 NW 17th Ave, Miami, FL 33125, presents a unique opportunity for businesses seeking a versatile and strategically located commercial property. The single-tenant building, zoned 6100, offers ample space adaptable to various uses, seamlessly blending retail and office functionalities. Its prime location within the Allapattah submarket ensures high visibility and accessibility, benefiting from significant foot traffic. The property's proximity to the Miami River District, Health District, Marlins Stadium, and Courthouse further enhances its appeal. The interior's 2,000 square feet provide ample room for customization, allowing businesses to tailor the space to their specific needs, whether it's an open retail showroom or partitioned office suites. This property is an excellent choice for businesses seeking a dynamic and adaptable workspace in a thriving Miami location. The property's APN is 01-31-35-032-0410. This single-suite building offers a unique opportunity to establish a strong presence in a high-demand area. Easy access to public transportation and walking thoroughfares adds to its convenience.

• CAP approach

  CAP return

  Valuation

  6%

  $2,505,538

  6.5%

  $2,312,805

  7%

  $2,147,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,111,060

  Geo Method

  $1,111,060

• Alternative Use

  Use

  Valuation

  Residential

  $2,867,878

  Hospitality

  $2,626,961

  Educational

  $2,185,600

  Medical

  $2,260,766

  Retail

  $3,399,823

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7875

Longitude

-80.2228

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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