17070 Collins AveSunny Isles Beach, FL 33160

  • Retail properties
  • 110,337 SF
For Lease
$16,800/SF/YR View listing

Property Details for 17070 Collins Ave

Year built
1956
Construction
CONCRETE
Lot size
6.43 AC
Property size (Sq ft)
110,337 SF
Zone code
6600:COMMERCIAL,LIBERAL
Property type
Retail properties
Property subtype
Community centers
APN
31-2211-004-0050
APU
3122110040050

Description

This exceptional office space, located at 17070 Collins Ave in Sunny Isles Beach, Florida, 33160, offers 120 square feet of versatile workspace. Situated in a Class B building constructed in 1956 and renovated in 2024, this property boasts a prime location with easy access to public transportation and parking. The two-story building features one elevator for convenient access. This suite is part of a multi-tenant building with a total of one suite. The space is immediately available and perfect for a freelancer, small business, or anyone seeking a dedicated workspace. Amenities include access to shared common areas, such as a kitchenette and conference room. The zoning is BU3, and the APN is 31-2211-004-0050. This is an excellent opportunity to establish a professional presence in the vibrant Sunny Isles Beach submarket. The minimum divisible space is 120 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $86,240,512
    6.5%
    $79,606,624
    7%
    $73,920,432
  • Comparable approach

    Method
    Valuation
    Relative Method
    $106,453,936
    Geo Method
    $106,453,936
  • Alternative Use

    Use
    Valuation
    Residential
    $67,151,168
    Hospitality
    $61,510,108
    Educational
    $51,175,688
    Medical
    $52,935,696
    Retail
    $79,606,624
17070 Collins Ave, Sunny Isles Beach, Florida

Location Insight

City
Sunny Isles Beach
County
Miami-dade
State
Florida
Latitude
25.9336
Longitude
-80.123
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
$397,432
$18,620,000
$7,876,000
$26,496,000
-
$18,620,000
$7,876,000
$26,496,000

FAQs

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