5201 8Th StMiami, FL 33126

  • Retail properties
  • 4,611 SF
For Lease
$5.16/SF/YR View listing

Property Details for 5201 8Th St

Year built
2018
Lot size
0.47 AC
Property size (Sq ft)
4,611 SF
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Retail properties
Property subtype
Gas stations
APN
01-4106-042-0010
APU
141060420010

Description

This exceptional Miami office space, located at 5201 Waterford District Dr, 8th & 9th Floor, Miami, FL 33126, offers a diverse range of solutions for businesses of all sizes. Situated in Miami-Dade County, this property provides multiple tenancy options within a traditional office setting. The space caters to various needs, including executive suites, coworking areas, medical offices, and creative office layouts. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, including custom design options and disaster recovery solutions. Additionally, flexible coworking areas are available for daily or hot desk use. A comprehensive suite of meeting rooms is also offered, ranging from informal chat spaces to larger venues suitable for presentations, training sessions, or conferences. Virtual office options are available, providing prestigious business addresses with mail handling and virtual assistant services, including lounge access and occasional office use. Flexible working plans provide access to a global network of workspaces, allowing for adaptable arrangements based on individual business needs. The property's location offers convenient access to Miami International Airport. The specific square footage of the building is not currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,921,779
    6.5%
    $1,773,950
    7%
    $1,647,239
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,638,845
    Geo Method
    $1,638,845
  • Alternative Use

    Use
    Valuation
    Residential
    $1,496,393
    Hospitality
    $1,370,688
    Educational
    $1,140,396
    Medical
    $1,179,616
    Retail
    $1,773,950
5201 8Th St, Miami, Florida

Location Insight

City
Coral Gables
County
Miami-dade
State
Florida
Latitude
25.7641
Longitude
-80.28
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
$41,090
$1,626,960
$371,944
$1,998,904
-
$1,626,960
$371,944
$1,998,904

FAQs

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