1551 8thMiami, FL 33135

  • Retail properties
  • 4,809 SF
Off market
$1,364,511 Estimated

Property Details for 1551 8th

Year built
1925
Construction
CONCRETE
Lot size
0.21 AC
Property size (Sq ft)
4,809 SF
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Retail properties
Property subtype
Outlet malls
APN
01-4102-006-6160
APU
141020066160

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,103,456
    6.5%
    $5,633,958
    7%
    $5,231,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,639,758
    Geo Method
    $4,639,758
  • Alternative Use

    Use
    Valuation
    Residential
    $4,752,455
    Hospitality
    $4,353,223
    Educational
    $3,621,830
    Medical
    $3,746,391
    Retail
    $5,633,958
1551 8th, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.7659
Longitude
-80.2207
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
$27,446
$1,153,125
$211,386
$1,364,511
-
$1,153,125
$211,386
$1,364,511

FAQs

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