16340 59Th AveMiami Lakes, FL 33014

Property Details for 16340 59Th Ave

Year built

2011

Lot size

0.21 AC

Property size (Sq ft)

4,384 SF

Zone code

7700:INDUSTRIAL,RESTRICT

Property type

Office properties

Property subtype

Office buildings

APN

32-2013-057-0100

APU

3220130570100

Description

This exceptional 4,384-square-foot office building in Miami Lakes, Florida, presents a unique opportunity for a single tenant. Built in 2011, the property boasts a modern design and is ideally suited for traditional office, executive office, or medical office uses. The building features two floors of flexible workspace, providing ample room for growth and customization. With 17 parking spaces available, client and employee parking is readily accommodated. An elevator ensures convenient access to both floors. Located in the desirable Miami Lakes submarket of Miami-Dade County, this property offers easy access to major highways and a wealth of nearby amenities. The building's prime location within a thriving commercial district provides a professional and convenient environment for any business. The entire 4,384 square feet is currently vacant, allowing for immediate occupancy and complete design flexibility to suit your specific needs. The property's modern design and convenient location make it an ideal choice for businesses seeking a high-quality, functional, and stylish workspace in a sought-after area of South Florida. The zip code is 33014.

• CAP approach

  CAP return

  Valuation

  6%

  $1,242,973

  6.5%

  $1,147,359

  7%

  $1,065,405

• Comparable approach

  Method

  Valuation

  Relative Method

  $618,319

  Geo Method

  $618,319

• Alternative Use

  Use

  Valuation

  Residential

  $1,422,726

  Hospitality

  $1,303,209

  Educational

  $1,084,255

  Medical

  $1,121,544

  Retail

  $1,686,618

Location Insight

City

Miami Lakes

County

Miami-dade

State

Florida

Latitude

25.9215

Longitude

-80.2973

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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