15400 88Th StMiami, FL 33196

  • Community centers
  • 20,038 SF
For Lease
$50/SF/YR View listing

Property Details for 15400 88Th St

Year built
2014
Construction
CONCRETE
Lot size
4.74 AC
Property size (Sq ft)
20,038 SF
Zone code
6200:COMMERCIAL,ARTERIAL
Property type
Community centers
APN
30-5904-072-2732
APU
3059040722732

Description

This exceptional 1,200 square foot sublease space is situated within a Miami school at 15400 SW 88th St, Miami, FL 33196. The property, zoned 6200, offers a single-tenant occupancy within a larger building, ideal for a variety of businesses. The space includes its own private bathroom and phone access. Convenient building-wide accessibility is available, including weekend access. Amenities for tenants include ample parking, playgrounds, a staff break room, a Global Village area, and a lobby. The property's location makes it particularly well-suited for businesses such as tutoring companies, pediatric psychologists, or music and art programs. Please note that this space is not suitable for ABA, speech, occupational, or physical therapy practices due to existing services within the school. The APN is 30-59-04-072-2732. This unique opportunity presents a ready-to-occupy space in a vibrant community setting. The property is classified as Special Purpose and is a single-tenant space with no additional suites within the building. This sublease offers a fantastic chance to establish a business in a well-maintained and amenity-rich environment. The property's location in Miami, Florida provides easy access to major transportation routes and a diverse clientele. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,351,467
    6.5%
    $7,709,046
    7%
    $7,158,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,121,922
    Geo Method
    $7,121,922
  • Alternative Use

    Use
    Valuation
    Residential
    $6,502,869
    Hospitality
    $5,956,593
    Educational
    $4,955,816
    Medical
    $5,126,254
    Retail
    $7,709,046

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.6833
Longitude
-80.4445
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
$238,438
$7,232,470
$7,767,530
$15,000,000
-
$7,232,470
$7,767,530
$15,000,000

FAQs

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