15315 Dixie HwyPalmetto Bay, FL 33157

  • Office properties
  • 26,322 SF
For Lease
$0.01/SF/YR View listing

Property Details for 15315 Dixie Hwy

Year built
1989
Construction
CONCRETE
Lot size
1.69 AC
Property size (Sq ft)
26,322 SF
Zone code
6200:COMMERCIAL,ARTERIAL
Property type
Office properties
Property subtype
Office buildings
APN
33-5028-064-0010
APU
3350280640010

Description

Coral Reef Plaza, located at 15315 S Dixie Hwy in Miami, Florida (zip code 33157), offers a fantastic opportunity for businesses seeking immediate occupancy. This traditional office space, part of a larger three-story building totaling 29,000 square feet, features one available suite of 634 square feet. Built in 1989, the building is zoned 6200 and boasts convenient rooftop parking with a covered walkway directly connecting to the available office spaces. The property is designated as APN 33-5028-064-0010. The space is move-in ready and immediately available, making it ideal for businesses needing quick access to functional office space. The building's multiple tenancy structure ensures a diverse and vibrant professional environment. This prime location in Palmetto Bay offers easy access to major transportation routes and amenities. The suite is perfect for a small business or team requiring a well-maintained and conveniently located office. Don't miss this chance to secure this exceptional office space in a thriving Miami location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,798,504
    6.5%
    $17,352,466
    7%
    $16,113,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,514,678
    Geo Method
    $8,514,678
  • Alternative Use

    Use
    Valuation
    Residential
    $21,517,058
    Hospitality
    $19,709,508
    Educational
    $16,398,080
    Medical
    $16,962,036
    Retail
    $25,508,124
15315 Dixie Hwy, Palmetto Bay, Florida

Location Insight

City
Palmetto Bay
County
Miami-dade
State
Florida
Latitude
25.628
Longitude
-80.3408
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
$106,884
$5,530,200
$869,800
$6,400,000
-
$5,530,200
$869,800
$6,400,000

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