16600 8Th AveNorth Miami Beach, FL 33162

Property Details for 16600 8Th Ave

Year built

1963

Construction

CONCRETE

Lot size

0.19 AC

Property size (Sq ft)

3,080 SF

Zone code

3100:MULTI-FAMILY,4 UNITS

Property type

Office buildings

APN

30-2218-003-0320

APU

3022180030320

Description

This single-story, garden-style medical office building in North Miami Beach, FL offers 1,500 square feet of readily available space. Located at 16600 NE 8th Ave, zip code 33162, the property is situated in a convenient location near the intersection of NE 167th Street and NE 8th Avenue. The building is a multi-tenant property, currently shared with a dental practice. Its prime location offers excellent visibility and accessibility. Across the street, tenants and patients will find a shopping center anchored by a Publix and Lowe's, providing ample amenities. The building's single-story design ensures easy navigation and accessibility for all. Furthermore, its proximity to major highways such as I-95 and US-1 provides convenient access for commuters and clients. This presents a fantastic opportunity for medical professionals seeking a well-located, functional space in a thriving North Miami Beach community. The property features ample parking and is easily accessible from major thoroughfares. This space is ideal for a variety of medical practices seeking a convenient and well-appointed location. Inquire today for more details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $828,532

  6.5%

  $764,799

  7%

  $710,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $434,403

  Geo Method

  $434,403

• Alternative Use

  Use

  Valuation

  Residential

  $948,350

  Hospitality

  $868,684

  Educational

  $722,735

  Medical

  $747,591

  Retail

  $1,124,254

Location Insight

City

North Miami Beach

County

Miami-dade

State

Florida

Latitude

25.9281

Longitude

-80.1844

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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