15490 7Th AveMiami, FL 33169

  • Office properties
  • 16,774 SF
For Lease
$27/SF/YR View listing

Property Details for 15490 7Th Ave

Year built
1973
Construction
CONCRETE
Lot size
0.66 AC
Property size (Sq ft)
16,774 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Office properties
Property subtype
Office buildings
APN
30-2123-022-0010
APU
3021230220010

Description

This exceptional office space in Miami, FL (33169), located at 15490 NW 7th Avenue, offers a single-tenant occupancy of 16,820 square feet. Strategically positioned near the Golden Glades Exchange, this property boasts high visibility due to its location on a major roadway parallel to I-95, ensuring substantial passerby traffic. The convenient location provides easy access to I-95, the Turnpike, and Palmetto Expressway (826), all within a half-mile radius. The building currently houses a large primary care medical practice, making it particularly well-suited for specialty medical providers or other general business offices. Flexible lease options are available, ranging from 300 to 4,000 square feet. All-inclusive lease terms cover rent, insurance, taxes, and utilities, simplifying budgeting and administration. The property also features ample parking and manned security during business hours, enhancing both convenience and security. The surrounding area offers a vibrant local community with various amenities, providing a desirable work environment for employees and clients alike. The zoning designation is 6400, and the APN is 3021230220010.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,512,272
    6.5%
    $4,165,174
    7%
    $3,867,661
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,365,805
    Geo Method
    $2,365,805
  • Alternative Use

    Use
    Valuation
    Residential
    $5,164,816
    Hospitality
    $4,730,943
    Educational
    $3,936,089
    Medical
    $4,071,457
    Retail
    $6,122,806
15490 7Th Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.9163
Longitude
-80.2124
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
$39,282
$859,260
$1,440,740
$2,300,000
-
$859,260
$1,440,740
$2,300,000

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