11000 184Th StCutler Bay, FL 33157

  • Retail properties
  • 23,072 SF
For Lease
$0.01/SF/YR View listing

Property Details for 11000 184Th St

Year built
2004
Construction
CONCRETE
Lot size
2.55 AC
Property size (Sq ft)
23,072 SF
Zone code
6061
Property type
Retail properties
Property subtype
Outlet malls
APN
30-6006-003-0060
APU
3060060030060

Description

This exceptional 2,600 square foot retail space is ideally situated in Cutler Bay, Florida, at 11000 SW 184th St #7. Boasting a prime location on a high-traffic corridor, this end-cap suite offers unparalleled visibility directly facing Eureka Drive and the Turnpike. Its strategic placement across from WAVA and adjacent to established businesses like NAPA, RaceTrac, and Shell gas stations ensures significant foot and vehicle traffic. The property features 120 parking spaces for customer convenience. Zoned for a diverse range of retail uses, this versatile space is perfectly suited for medical offices, retail stores, community services, or showrooms. The building itself is a single-story structure with a total of one suite, encompassing 24,000 square feet. The APN is 30-60-06-003-0060 and the zoning classification is 6061. Currently occupied on a month-to-month lease, the property could be available within 30-60 days, pending suitable tenant and lease terms. This presents a unique opportunity to establish a thriving business in a high-demand location. Don't miss this chance to secure a prominent retail presence in Cutler Bay.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,337,328
    6.5%
    $22,465,226
    7%
    $20,860,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,887,632
    Geo Method
    $18,887,632
  • Alternative Use

    Use
    Valuation
    Residential
    $18,950,260
    Hospitality
    $17,358,336
    Educational
    $14,441,931
    Medical
    $14,938,612
    Retail
    $22,465,226
11000 184Th St, Cutler Bay, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.5975
Longitude
-80.3712
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
$102,591
$2,891,564
$3,108,436
$6,000,000
-
$2,891,564
$3,108,436
$6,000,000

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