1200 Brickell Bay DrMiami, FL 33131

Property Details for 1200 Brickell Bay Dr

Year built

2004

Property size (Sq ft)

196 SF

Zone code

6407:HIGH DENS MIX USE

Property type

Retail properties

Property subtype

Retail space

APN

01-4139-087-0010

APU

141390870010

Description

This exceptional retail space, located at 1200 Brickell Bay Drive #104B, offers a unique opportunity for a variety of businesses. Situated in the vibrant Brickell area, this single-suite space boasts high ceilings, ideal for creating a showroom-style environment. The space is currently 0 square feet, and is perfect for a popup store. While there are no private restrooms or water hookups within the unit, convenient public restrooms are available within the building. Ample parking is provided for customers via valet service, and street parking is also an option for the tenant. The building enjoys high foot traffic both inside and outside, ensuring excellent visibility for your business. This location is perfect for a variety of retail concepts, including convenience stores, liquor stores (subject to licensing), ATM installations from reputable banks, and clothing boutiques. However, please note that vape and tobacco stores are not permitted. Utilities are included in the lease. The zoning for this property is 6407 (APN: 01-41-39-087-0280). Shared storage space may be available for lease separately.

• CAP approach

  CAP return

  Valuation

  6%

  $248,758

  6.5%

  $229,623

  7%

  $213,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $189,102

  Geo Method

  $189,102

• Alternative Use

  Use

  Valuation

  Residential

  $193,695

  Hospitality

  $177,424

  Educational

  $147,615

  Medical

  $152,691

  Retail

  $229,623

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7616

Longitude

-80.1903

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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