15221 21St AveNorth Miami Beach, FL 33162
- Industrial properties
- 10,909 SF
Property Details for 15221 21St Ave
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 10,909 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 07-2216-008-0250
- APU
- 722160080250
Description
This exceptional 10,909 square foot industrial property, situated on nearly half an acre (19,250 sq ft) of land in North Miami Beach, Florida (33162), presents a unique investment opportunity. The property, located just one block from Biscayne Boulevard, boasts a prime location within a rapidly growing area. The building, a two-story structure, is currently configured as a film studio, offering versatile flex space adaptable to various uses. Its B-4 Light Industrial zoning allows for a range of potential developments. The property recently underwent a 50-year building recertification in May 2023, ensuring structural integrity and minimizing future maintenance concerns. This turnkey operation is ideal for both end-users seeking a functional space and investors looking to capitalize on the area's growth potential and redevelopment opportunities. The asking price is $5,999,999. This property offers a rare combination of location, size, and recent upgrades, making it a highly desirable asset in the competitive North Miami Beach commercial real estate market. Its proximity to Biscayne Boulevard provides excellent access to major transportation routes, enhancing its logistical advantages. The substantial land area also presents possibilities for future expansion or redevelopment, further increasing its long-term value. Don't miss this chance to acquire a high-quality industrial property in a thriving location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,293,190
- Hospitality
- $6,680,522
- Educational
- $5,558,116
- Medical
- $5,749,268
- Retail
- $8,645,959
Location Insight
- City
- North Miami Beach
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.9163
- Longitude
- -80.1579
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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