4649 36Th StMiami Springs, FL 33166

Property Details for 4649 36Th St

Year built

1985

Construction

CONCRETE

Lot size

0.39 AC

Property size (Sq ft)

5,844 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

05-3119-013-3930

APU

531190133930

Description

This exceptional 5,844 square foot office building in Miami Springs presents a unique investment opportunity. Currently configured as a single-tenant space, this property offers significant flexibility for a variety of uses, including traditional office, executive suites, or medical office space. Its strategic location provides unparalleled convenience, situated just minutes from Miami International Airport and the I-95 expressway, ensuring effortless commutes for employees and clients. The surrounding area boasts an abundance of upscale hotels and diverse dining options, enhancing the overall appeal and accessibility of the property. The building itself is an off-market gem, representing a rare chance to acquire a well-positioned asset in a thriving Miami Springs neighborhood. The single-tenant occupancy simplifies management and provides immediate income potential. This property is ideal for businesses seeking a prestigious address with excellent connectivity and a vibrant surrounding environment. The 5,844 square feet provide ample space for expansion or customization to meet specific operational needs. Given its prime location and versatile nature, this Miami Springs office building presents a compelling investment opportunity with strong potential for long-term growth and return. Serious inquiries are encouraged to explore this exceptional offering further. Don't miss this chance to secure a highly desirable commercial property in a sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,656,919

  6.5%

  $1,529,464

  7%

  $1,420,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $824,238

  Geo Method

  $824,238

• Alternative Use

  Use

  Valuation

  Residential

  $1,896,535

  Hospitality

  $1,737,216

  Educational

  $1,445,343

  Medical

  $1,495,051

  Retail

  $2,248,312

Location Insight

City

Miami Springs

County

Miami-dade

State

Florida

Latitude

25.8084

Longitude

-80.2737

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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