This exceptional Miami-Dade County property, located at 7355 NW 41st St, Miami, FL 33166, presents a unique investment opportunity in the thriving media industry. The 82,000 square foot complex, built in 1982, is a fully operational recording and television studio facility. The property includes five professional production studios, each equipped with a substantial 1200 amps of electricity, ensuring power for even the most demanding productions. In addition to the production studios, the complex boasts eight sound/recording studios, meticulously designed for optimal audio recording and mixing. Administrative needs are met with 16 well-appointed executive offices, providing ample space for management and staff. The property has undergone 40-year inspections, and all certificates of use are current, ensuring a smooth transition for the new owner. This turnkey operation is offered at $54,600,000 and represents a rare chance to acquire a well-established and fully equipped media production center in a prime Miami location. The property's size, comprehensive amenities, and current operational status make it an attractive investment for experienced media professionals or those seeking a high-yield commercial real estate asset. The building consists of one structure and is classified as Special Purpose.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$26,534,938
Hospitality
$24,305,860
Educational
$20,222,190
Medical
$20,917,662
Retail
$31,456,740
Location Insight
City
Miami
County
Miami-dade
State
Florida
Latitude
25.8121
Longitude
-80.3164
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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