9850 24Th StMiami, FL 33165

  • Office properties
  • 5,044 SF
For Lease
$18.96/SF/YR View listing

Property Details for 9850 24Th St

Year built
1961
Construction
CONCRETE
Lot size
3.27 AC
Property size (Sq ft)
5,044 SF
Zone code
2800:TOWNHOUSE
Property type
Office properties
Property subtype
Office buildings
APN
30-4017-005-0120
APU
3040170050120

Description

This exceptional 5,000 square foot turnkey church property presents a unique investment opportunity. Located in a highly accessible and central area, the property boasts ample parking, easily accommodating large gatherings. The building itself is beautifully maintained and ready for immediate use. The expansive sanctuary features high ceilings and comfortable seating, creating a welcoming and spacious environment. The property is zoned 2800, and its APN is 30-40-17-005-0120. This single-tenant property is classified as Special Purpose and offers a significant advantage for buyers seeking a ready-to-use facility. The property's central location and ample parking make it ideal for a variety of uses beyond its current configuration. Its excellent condition minimizes the need for immediate capital expenditures, allowing for a swift return on investment. This is a rare opportunity to acquire a well-maintained, spacious, and conveniently located property suitable for a range of potential uses. The property's size and features make it an attractive option for various religious organizations or community groups. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,430,099
    6.5%
    $1,320,092
    7%
    $1,225,799
  • Comparable approach

    Method
    Valuation
    Relative Method
    $711,406
    Geo Method
    $711,406
  • Alternative Use

    Use
    Valuation
    Residential
    $1,636,913
    Hospitality
    $1,499,404
    Educational
    $1,247,486
    Medical
    $1,290,389
    Retail
    $1,940,534
9850 24Th St, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7462
Longitude
-80.3548
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
$29,161
$1,133,996
$555,926
$1,689,922
-
$1,133,996
$555,926
$1,689,922

FAQs

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