5465 36Th StMiami Springs, FL 33166

  • Office properties
  • 16,188 SF
For Lease
$30/SF/YR View listing

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
5465 36Th St, Miami Springs, Florida

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

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
$26,967
$303,750
$1,024,887
$1,328,637
-
$303,750
$1,024,887
$1,328,637

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