1200 Brickell AveMiami, FL 33131
- Office properties
- 512 SF
Property Details for 1200 Brickell Ave
- Year built
- 2008
- Property size (Sq ft)
- 512 SF
- Zone code
- 6407:HIGH DENS MIX USE
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 01-4138-142-3400
- APU
- 141381423400
Description
This exceptional 2,248-square-foot office space is ideally situated on a highly visible corner of Brickell Avenue in Miami, Florida, at 1200 Brickell Ave #510. The property, a single-tenant space within a Class B building (APN: 01-41-38-142-0940), boasts a traditional yet creative office layout, perfect for a variety of businesses. Built in 1985 and renovated in 2020, the space features a 9-foot ceiling height and includes three private offices, a dedicated conference room, a break room, and a spacious open work area. The building offers convenient elevator access. This corner unit provides stunning views of Brickell Avenue. The property is zoned 6407 and is conveniently located near Brickell City Centre and Mary Brickell Village, offering easy access to numerous amenities, including high-end hotels and restaurants. Noteworthy is the award-winning "Dirty French" restaurant located on the ground floor of the building. The current tenant will vacate by the end of April 2024, presenting a timely opportunity for a new occupant to establish their presence in this vibrant and prestigious Miami location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $442,052
- 6.5%
- $408,048
- 7%
- $378,902
-
Comparable approach
- Method
- Valuation
- Relative Method
- $196,024
- Geo Method
- $196,024
-
Alternative Use
- Use
- Valuation
- Residential
- $505,980
- Hospitality
- $463,475
- Educational
- $385,606
- Medical
- $398,867
- Retail
- $599,831
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.7621
- Longitude
- -80.1923
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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