5700 4Th AveMiami, FL 33137

  • Industrial properties
  • 20,958 SF
For Lease
$31/SF/YR View listing

Property Details for 5700 4Th Ave

Year built
1972
Construction
CONCRETE
Lot size
0.94 AC
Property size (Sq ft)
20,958 SF
Zone code
6107:RESID-MEDIUM RETAIL
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
01-3113-065-0150
APU
131130650150

Description

This exceptional multi-tenant flex warehouse, located in Miami's Upper East Side, nestled between Buena Vista and Little River, presents a unique investment opportunity. The property, situated at 5700 NE 4th Ave, boasts a total of 25,000 square feet across multiple units, with three spaces currently available, each measuring 1,800 square feet. The building features desirable loft-style spaces with high ceilings, providing ample room and a modern aesthetic. Convenient street-facing loading doors ensure efficient operations, while gated parking offers enhanced security for tenants and their clients. The property sits on a 0.94-acre lot and is zoned T5-L in Miami-Dade County, making it suitable for a variety of uses. Its unique character makes it particularly well-suited for creative office spaces, art galleries or studios, high-end storage facilities, and fitness operators. The building's location and features offer a compelling combination of functionality, style, and accessibility, making it an attractive option for businesses seeking a vibrant and productive workspace in a desirable Miami neighborhood. This is a rare opportunity to acquire a well-positioned industrial property with significant potential for growth and return.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,563,551
    Hospitality
    $14,256,129
    Educational
    $11,860,932
    Medical
    $12,268,848
    Retail
    $18,450,338
5700 4Th Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8283
Longitude
-80.1883
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
$48,331
$2,058,000
$586,000
$2,644,000
-
$2,058,000
$586,000
$2,644,000

FAQs

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