5465 36Th StMiami Springs, FL 33166
- Office properties
- 16,188 SF
Property Details for 5465 36Th St
- Year built
- 1979
- Construction
- CONCRETE
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 16,188 SF
- Zone code
- 6200:COMMERCIAL,ARTERIAL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 05-3119-013-4860
- APU
- 531190134860
Description
This exceptional Class A, free-standing office/flex building, totaling 16,188 square feet, is situated in Miami Springs, Florida, directly across from Miami International Airport. Built in 1979 and completely remodeled, this three-story building features 16 parking spaces and an elevator. The property sits on a 6,750 square foot lot and is zoned B-3 6200 - COMMERCIAL - ARTERIAL, allowing for a variety of uses. Currently configured as a professional recording studio, the building boasts soundproof walls, ceilings, doors, and windows, along with silent air conditioning and sound-dampening panels. All audio, video, and power cables are discreetly hidden within the walls. Each floor offers a private entrance, providing flexibility for single-tenant occupancy or separate leasing opportunities. Its prime location and adaptable design make it ideal for various businesses, including medical practices, law firms, architectural offices, and showroom spaces. This is a rare opportunity to acquire a meticulously maintained, highly functional building in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,589,700
- 6.5%
- $4,236,646
- 7%
- $3,934,028
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,283,156
- Geo Method
- $2,283,156
-
Alternative Use
- Use
- Valuation
- Residential
- $5,253,440
- Hospitality
- $4,812,124
- Educational
- $4,003,630
- Medical
- $4,141,321
- Retail
- $6,227,869
Location Insight
- City
- Miami Springs
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.808
- Longitude
- -80.2869
- 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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