1800 27Th AveMiami, FL 33145

Property Details for 1800 27Th Ave

Year built

1986

Construction

CONCRETE

Lot size

0.65 AC

Property size (Sq ft)

51,722 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

01-4109-040-0250

APU

141090400250

Description

This exceptional 51,722-square-foot medical office space is located on the fifth floor of a building at 1800 SW 27th Ave #505, Miami, FL 33145. The single-tenant space boasts breathtaking wrap-around views of Downtown Miami, Brickell, and Coral Gables. The property features ten private offices, two of which include water and sink fixtures, perfect for a variety of medical practices. Floor-to-ceiling windows maximize natural light and showcase the spectacular city panorama. Ample parking is available with 100 covered spaces for staff and patients. The building is zoned 6100. The property's APN is 01-41-09-040-0250. This unbeatable location places the office less than five minutes from Coral Gables and under fifteen minutes from Brickell, providing easy access for patients and employees. The building consists of only one suite. This is a rare opportunity to secure a prestigious and highly functional medical office space in a vibrant and convenient Miami location.

• CAP approach

  CAP return

  Valuation

  6%

  $44,655,912

  6.5%

  $41,220,840

  7%

  $38,276,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,802,284

  Geo Method

  $19,802,284

• Alternative Use

  Use

  Valuation

  Residential

  $51,113,844

  Hospitality

  $46,820,008

  Educational

  $38,953,696

  Medical

  $40,293,372

  Retail

  $60,594,636

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7547

Longitude

-80.2388

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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