15402 77Th CtMiami Lakes, FL 33016

Property Details for 15402 77Th Ct

Year built

1987

Construction

CONCRETE

Lot size

13.66 AC

Property size (Sq ft)

3,003 SF

Zone code

6200:COMMERCIAL,ARTERIAL

Property type

Retail properties

Property subtype

Community centers

APN

32-2015-006-0010

APU

3220150060010

Description

This single-tenant retail property, located at 15402 NW 77th Ct in Miami Lakes, Florida, offers 2,573 square feet of space on an 18,976 square foot lot with cross easement parking. Built in 1987, this one-story building is situated in a thriving commercial area, boasting exceptional visibility and accessibility. The property benefits from its location within a major shopping center anchored by Winn-Dixie, alongside other established businesses such as Outback Steakhouse, Bank of America, Chase Bank, and numerous other popular retailers and service providers. The high traffic count, exceeding 23,500 vehicles daily on NW 154th Street and over 143,500 vehicles on the Palmetto Expressway (SR-826), ensures significant exposure. Furthermore, the property's proximity to over one million square feet of office space and a substantial daytime workforce (over 8,900 within one mile and over 55,000 within three miles) provides a robust customer base. The property is available for lease beginning February 2027. Note that this property is not suitable for financial institutions or banks. This exceptional location presents a unique opportunity for a variety of retail businesses seeking high visibility and strong foot traffic in a densely populated and commercially active area of Miami-Dade County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,251,595

  6.5%

  $1,155,318

  7%

  $1,072,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,067,329

  Geo Method

  $1,067,329

• Alternative Use

  Use

  Valuation

  Residential

  $974,554

  Hospitality

  $892,686

  Educational

  $742,705

  Medical

  $768,247

  Retail

  $1,155,318

Location Insight

City

Miami Lakes

County

Miami-dade

State

Florida

Latitude

25.9147

Longitude

-80.3275

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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