10812 6Th CtMiami, FL 33168

Property Details for 10812 6Th Ct

Year built

1968

Construction

CONCRETE

Lot size

0.23 AC

Property size (Sq ft)

5,000 SF

Zone code

6062

Property type

Office buildings

APN

30-2136-024-0031

APU

3021360240031

Description

This exceptional Miami-Dade County warehouse, located at 10812 NW 6th Ct, offers unparalleled visibility from I-95, a major highway connecting Miami Beach and Fort Lauderdale. Built in 1968, this industrial property is priced at $2,350,000 and presents a unique investment opportunity. Its strategic location ensures high traffic exposure, ideal for a variety of commercial uses. The property is currently divided into two rentable spaces, providing immediate passive income potential while allowing for owner-occupancy. Applications have been submitted for a large LED billboard, further enhancing its marketing potential. Furthermore, the property's structure may allow for expansion by adding additional stories, significantly increasing its value and functionality. This rare opportunity combines immediate income generation with substantial long-term growth potential, making it a highly desirable asset in a prime Miami location. Don't miss this chance to acquire a property with exceptional visibility and significant upside. The property is situated in the 33168 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $3,243,914

  6.5%

  $2,994,382

  7%

  $2,780,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,914,300

  Geo Method

  $1,914,300

• Alternative Use

  Use

  Valuation

  Residential

  $3,713,034

  Hospitality

  $3,401,119

  Educational

  $2,829,691

  Medical

  $2,927,008

  Retail

  $4,401,741

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8741

Longitude

-80.2094

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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