1401 17Th AveMiami, FL 33125

  • Office properties
  • 2,902 SF
For Lease
$18.61/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1401 17Th Ave, Miami, Florida

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

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
$16,754
$881,400
$195,203
$1,076,603
-
$881,400
$195,203
$1,076,603

FAQs

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