1222 29Th StMiami, FL 33142

  • Office properties
  • 2,004 SF
For Sale
$1,350,000 View listing

Property Details for 1222 29Th St

Year built
1946
Construction
CONCRETE
Lot size
0.16 AC
Property size (Sq ft)
2,004 SF
Zone code
7000:INDUSTRIAL,GENERAL
Property type
Office properties
Property subtype
Office buildings
APN
01-3126-039-1840
APU
131260391840

Description

This exceptional commercial property, located at 1222 NW 29th St, Miami, FL 33142, presents a unique investment opportunity. Built in 1946, this office and retail space boasts a prime location in Miami-Dade County, offering unparalleled access to major transportation routes. The asking price is $1,350,000. The property's versatile layout is ideal for a variety of businesses, providing a functional and stylish environment for both employees and clients. Ample parking is available, ensuring convenience for tenants and visitors. This centrally located property is situated within a vibrant district, making it an attractive location for businesses seeking to enhance their visibility and accessibility. The multi-use space allows for flexibility in its configuration, catering to diverse business needs. Please note that 24-hour advance notice is required for showings to avoid disturbing current tenants. This is a rare opportunity to acquire a well-situated commercial property in a thriving Miami neighborhood. Don't miss out on this chance to own a piece of Miami's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,467,642
    6.5%
    $1,354,747
    7%
    $1,257,979
  • Comparable approach

    Method
    Valuation
    Relative Method
    $767,251
    Geo Method
    $767,251
  • Alternative Use

    Use
    Valuation
    Residential
    $1,679,886
    Hospitality
    $1,538,766
    Educational
    $1,280,236
    Medical
    $1,324,265
    Retail
    $1,991,478
1222 29Th St, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.803
Longitude
-80.2159
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
$13,344
$566,800
$187,626
$754,426
-
$566,800
$187,626
$754,426

FAQs

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