2501 Biscayne BlvdMiami, FL 33137

Property Details for 2501 Biscayne Blvd

Year built

2000

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

5,356 SF

Zone code

CEN HI DENS BORDERS CB

Property type

Turn key restaurants

APN

01-3230-023-0100

APU

132300230100

Description

Exceptional development land opportunities are available in prime South Florida locations, including Miami, Boca Raton, West Palm Beach, and Fort Lauderdale. These off-market sites offer a range of sizes, from one to eight acres, providing flexibility for various development projects. The properties are strategically located within Miami-Dade County, offering convenient access to major transportation arteries, thriving commercial centers, and desirable residential neighborhoods. The diverse zoning potential allows for a wide array of development options, catering to both commercial and residential projects. This presents a unique chance to capitalize on the robust South Florida real estate market. The specific address for one available site is 2501 Biscayne Blvd, Miami, FL 33137, situated in Miami-Dade County. However, additional sites are available in the aforementioned cities, offering a diverse selection to suit various project scopes and visions. These off-market opportunities provide a distinct advantage, allowing for potentially more favorable acquisition terms. Serious inquiries are encouraged to explore these exceptional development prospects further. The properties are designated as both commercial and residential, opening doors to a wide spectrum of development possibilities. This presents a rare chance to secure prime land in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,110,990

  6.5%

  $4,717,840

  7%

  $4,380,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,132,620

  Geo Method

  $2,132,620

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,000,130

  Mixed-Use / Specialty

  $4,781,890

  Hospitality / Lodging

  $3,613,610

  Office

  $4,837,710

  Institutional / Educational

  $5,000,140

  Residential Income

  $5,850,160

  Multifamily

  $6,568,060

  Automotive / Energy

  $4,285,830

  Parking / Income-Based Land

  $1,399,090

  Restaurant / Food Service

  $2,659,680

  Healthcare / Senior Housing

  $4,820,810

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8012

Longitude

-80.1888

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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