9769 Dixie HwyPinecrest, FL 33156

  • Office properties
  • 7,000 SF
For Sale
$3,995,000 View listing

Property Details for 9769 Dixie Hwy

Year built
1981
Construction
CONCRETE
Lot size
0.20 AC
Property size (Sq ft)
7,000 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Office properties
Property subtype
Office buildings
APN
20-5002-039-0060
APU
2050020390060

Description

This exceptional 6,817 square foot office building presents a rare investment opportunity in the desirable Pinecrest, Florida area. Located at 9769 S Dixie Hwy, 33156, this single-story building sits on an 8,712 square foot lot and boasts a well-maintained structure. The property is zoned BU-1, reflecting its restricted commercial development within the Village of Pinecrest. Offering ample free parking, this strategically located business hub provides high visibility and immediate access to major transportation arteries, including South Dixie Highway and SR-826. Its convenient location also offers walkability to Metrorail, shopping, and dining options. The asking price is $3,995,000, translating to $586.03 per square foot. This executive and traditional office space represents a unique chance to acquire a prime commercial property in a thriving South Florida community. The building's excellent condition and prime location make it an ideal investment for discerning buyers seeking a high-return asset in a sought-after market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,861,367
    6.5%
    $4,487,416
    7%
    $4,166,886
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,208,567
    Geo Method
    $2,208,567
  • Alternative Use

    Use
    Valuation
    Residential
    $5,564,396
    Hospitality
    $5,096,956
    Educational
    $4,240,608
    Medical
    $4,386,449
    Retail
    $6,596,502
9769 Dixie Hwy, Pinecrest, Florida

Location Insight

City
Pinecrest
County
Miami-dade
State
Florida
Latitude
25.6799
Longitude
-80.3153
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
$28,174
$1,568,160
$10,000
$1,578,160
-
$1,568,160
$10,000
$1,578,160

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