7771 7Th AveMiami, FL 33150

  • Warehouses
  • 6,944 SF
For Lease
$0.05/SF/YR View listing

Property Details for 7771 7Th Ave

Year built
2020
Lot size
0.30 AC
Property size (Sq ft)
6,944 SF
Zone code
7000:INDUSTRIAL,GENERAL
Property type
Warehouses
APN
01-3112-017-0410
APU
131120170410

Description

This exceptional 7,850-square-foot single-tenant office building in Miami, Florida, presents a unique investment opportunity. Located at 7771 NW 7th Ave, this 2020-constructed property boasts a prime location in West Little River, offering convenient access to I-95. The building features 1,500 square feet of office space, complemented by a spacious warehouse area ideal for various uses. High ceilings (22 feet), acoustic tile, and LED lighting create a versatile and modern workspace. The property includes 11 parking spaces and benefits from three-phase power. Its zoning is classified as 7000, and the Miami-Dade County APN is 01-31-12-017-0410. The entire 7,850 square feet is currently vacant, providing immediate occupancy for a discerning tenant. This property is strategically positioned to capitalize on the continued growth and development of the 7th Avenue corridor. The building's modern design and functional layout make it an attractive option for businesses seeking a state-of-the-art facility in a rapidly developing area of Miami. The property's proximity to major transportation arteries ensures easy access for employees and clients alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,796,070
    6.5%
    $9,042,530
    7%
    $8,396,630
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,253,730
    Geo Method
    $4,253,730
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $4,683,250
    Mixed-Use / Specialty
    $4,703,030
    Hospitality / Lodging
    $3,497,950
    Office
    $4,713,080
    Institutional / Educational
    $4,902,290
    Residential Income
    $5,735,680
    Multifamily
    $6,676,860
    Automotive / Energy
    $4,201,960
    Parking / Income-Based Land
    $1,414,010
    Restaurant / Food Service
    $2,523,920
    Healthcare / Senior Housing
    $4,785,460

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8461
Longitude
-80.2088
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
$31,106
$1,096,500
$636,500
$1,733,000
-
$1,096,500
$636,500
$1,733,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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