6966 50Th StMiami, FL 33166

  • Industrial properties
  • 4,917 SF
For Sale
$200,000 View listing

Property Details for 6966 50Th St

Year built
1988
Property size (Sq ft)
4,917 SF
Zone code
7300:INDUSTRIAL,HVY MFG
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
30-3023-033-0010
APU
3030230330010

Description

This exceptional industrial property, located at 6966 NW 50th St in Miami, Florida (33166), presents a unique investment opportunity. Built in 1988, this manufacturing and warehouse space is offered at an asking price of $200,000. The property boasts dual dock-height loading capabilities, ensuring efficient and seamless operations. A significant advantage is the inclusion of twin walk-in cooler and freezer units, ideal for various businesses requiring temperature-controlled storage. The warehouse area is fully climate-controlled with air conditioning, a feature rarely found in industrial spaces of this type. Its previous use as a flower wholesale distribution business speaks to its suitability for similar operations or businesses requiring substantial storage and climate control. The property's location in Miami-Dade County provides excellent access to major transportation routes and a thriving market. This versatile space is well-suited for a variety of uses, including manufacturing, wholesale distribution, and showroom operations, particularly for businesses dealing with temperature-sensitive products such as CBD/THCA products. The property's features and prime location make it an attractive investment opportunity for discerning buyers seeking a functional and well-equipped industrial space in a dynamic market. The property is situated at 25.8183832 latitude and -80.3104976 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,595,698
    Hospitality
    $1,461,651
    Educational
    $1,216,077
    Medical
    $1,257,899
    Retail
    $1,891,675
6966 50Th St, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8182
Longitude
-80.3104
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
$11,616
-
-
$860,475
-
-
-
$860,475

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