38 Curtiss PkwyMiami Springs, FL 33166

Property Details for 38 Curtiss Pkwy

Year built

1935

Construction

CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

4,625 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Outlet malls

APN

05-3024-007-1210

APU

530240071210

Description

This 1,458.50 sq ft office space in Miami Springs is ideally situated next to a Starbucks on a high-traffic street, across from the new 1 Springs Plaza construction. Previously occupied by a long-term tenant (Dharma Tattoo), this single-tenant space is zoned 6400 and offers immediate occupancy, eliminating the need for build-out costs and additional sales expenses. The property's APN is 05-30-24-007-1210. Its location on Curtiss Parkway ensures high visibility and accessibility, making it an excellent opportunity for businesses seeking a prominent presence in a thriving area. The property is a single-suite office building with no associated land. Avoid the usual delays and expenses associated with new office space; this move-in ready location is perfect for immediate operation. This is a rare opportunity to secure a well-located, established space without the added costs of renovations or leasehold improvements. The high foot traffic and proximity to amenities make this an exceptional investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,927,614

  6.5%

  $1,779,336

  7%

  $1,652,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,643,821

  Geo Method

  $1,643,821

• Alternative Use

  Use

  Valuation

  Residential

  $1,500,937

  Hospitality

  $1,374,850

  Educational

  $1,143,859

  Medical

  $1,183,198

  Retail

  $1,779,336

Location Insight

City

Miami Springs

County

Miami-dade

State

Florida

Latitude

25.8221

Longitude

-80.2812

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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