123 23Rd StMiami, FL 33127
- Office properties
- 3,000 SF
Property Details for 123 23Rd St
- Year built
- 1940
- Construction
- CONCRETE
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 3,000 SF
- Zone code
- 6101
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 01-3125-038-0110
- APU
- 131250380110
Description
This exceptional 3,000-square-foot warehouse, located in the vibrant Wynwood Arts District of Miami, presents a unique opportunity for businesses seeking a creative and inspiring workspace. The property is zoned 6101 and features a single-tenant occupancy within a modern boutique building known as "Carbon." The space boasts eight fully furnished offices, perfect for a startup or expanding e-commerce venture. Beyond the individual offices, the building offers inviting common areas, including a well-equipped meeting room and a convenient kitchenette, fostering collaboration and productivity. The building's prime location places your business in the heart of Wynwood's dynamic urban-tech hub, surrounded by a diverse array of restaurants, shops, and bars, providing ample opportunities for networking and employee amenities. With four dedicated parking spaces, convenient access is ensured. The property's flexible design also lends itself to pop-up events and collaborations, offering a unique platform to showcase brands, retail concepts, or art galleries within Wynwood's thriving cultural scene. The property's APN is 01-31-25-038-0110. This is a single-suite building offering a complete and self-contained workspace.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,590,150
- 6.5%
- $2,390,908
- 7%
- $2,220,128
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,148,580
- Geo Method
- $1,148,580
-
Alternative Use
- Use
- Valuation
- Residential
- $2,964,726
- Hospitality
- $2,715,672
- Educational
- $2,259,408
- Medical
- $2,337,112
- Retail
- $3,514,634
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.7993
- Longitude
- -80.1974
- 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
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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