7500 61stSouth Miami, FL 33143

  • Retail properties
  • 6,440 SF
Off market
$4,094,502 Estimated

Property Details for 7500 61st

Year built
1955
Construction
CONCRETE
Lot size
0.38 AC
Property size (Sq ft)
6,440 SF
Zone code
6700:COMM,SHOP CENTER
Property type
Retail properties
Property subtype
Other retail properties
APN
09-4036-028-0040
APU
940360280040

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,579,530
    6.5%
    $6,073,412
    7%
    $5,639,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,123,830
    Geo Method
    $5,123,830
  • Alternative Use

    Use
    Valuation
    Residential
    $5,123,150
    Hospitality
    $4,692,778
    Educational
    $3,904,336
    Medical
    $4,038,612
    Retail
    $6,073,412
7500 61st, South Miami, Florida

Location Insight

City
South Miami
County
Miami-dade
State
Florida
Latitude
25.7016
Longitude
-80.2921
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
$47,328
$3,709,575
$384,927
$4,094,502
-
$3,709,575
$384,927
$4,094,502

FAQs

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