20801 Biscayne BlvdMiami, FL 33180

Property Details for 20801 Biscayne Blvd

Year built

1986

Construction

CONCRETE

Lot size

6.43 AC

Property size (Sq ft)

78,420 SF

Zone code

9500:OFFICE PARK DISTRICT

Property type

Office buildings

APN

28-1234-079-0010

APU

2812340790010

Description

This Class A, 13,736 square foot office building, located at 20801 Biscayne Blvd, 4th Floor, Aventura, FL 33180, in Miami-Dade County, offers a variety of flexible workspace options. The building, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The property caters to diverse needs, including executive offices, coworking spaces, and creative office layouts, also accommodating professional and traditional office setups. Amenities include elevators, secure underground parking, an on-site sandwich bar, and a relaxing lounge area with greenery and a pond. Its convenient location offers easy access to Miami's major commercial, financial, and international business districts, as well as renowned beaches. The Gulfstream Park racing, casino, and entertainment complex are within walking distance. This exceptional property provides a perfect work-life balance, combining productive workspaces with a tranquil environment.

• CAP approach

  CAP return

  Valuation

  6%

  $41,696,504

  6.5%

  $38,489,080

  7%

  $35,739,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,023,882

  Geo Method

  $30,023,882

• Alternative Use

  Use

  Valuation

  Residential

  $47,726,460

  Hospitality

  $43,717,180

  Educational

  $36,372,180

  Medical

  $37,623,076

  Retail

  $56,578,948

Location Insight

City

Aventura

County

Miami-dade

State

Florida

Latitude

25.9684

Longitude

-80.1436

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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