5700 8thWest Miami, FL 33144

  • Retail properties
  • 704 SF
Off market
$906,696 Estimated

Property Details for 5700 8th

Year built
1977
Construction
CONCRETE
Lot size
0.23 AC
Property size (Sq ft)
704 SF
Zone code
6200:COMMERCIAL,ARTERIAL
Property type
Retail properties
Property subtype
Turn key restaurants
APN
15-4012-014-0010
APU
1540120140010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $293,414
    6.5%
    $270,844
    7%
    $251,498
  • Comparable approach

    Method
    Valuation
    Relative Method
    $250,216
    Geo Method
    $250,216
  • Alternative Use

    Use
    Valuation
    Residential
    $228,467
    Hospitality
    $209,274
    Educational
    $174,114
    Medical
    $180,102
    Retail
    $270,844
5700 8th, West Miami, Florida

Location Insight

City
West Miami
County
Miami-dade
State
Florida
Latitude
25.7633
Longitude
-80.2881
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
$15,619
$855,000
$51,696
$906,696
-
$855,000
$51,696
$906,696

FAQs

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