430 Dixie HwyCoral Gables, FL 33146

Property Details for 430 Dixie Hwy

Year built

1980

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

15,450 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Office properties

Property subtype

Office buildings

APN

03-4120-023-2170

APU

341200232170

Description

This exceptional 12,000 square foot medical office building presents a unique investment opportunity. Situated on a prime location along Dixie Highway in Coral Gables, this single-tenant property offers unparalleled convenience and visibility. Built in 1980, the building is zoned 6400 and features a single suite encompassing the entire space. The property's address is 430 S Dixie Hwy, and its APN is 03-41-20-023-2170. This presents a rare chance to acquire a well-established medical office building in a highly desirable area. The property's single-tenant occupancy simplifies management and provides a stable income stream. The building's substantial size allows for a variety of medical practices or a large-scale operation. Its prominent location on Dixie Highway ensures high traffic volume and excellent exposure, attracting a significant number of potential patients. Given the strong demand for medical office space in this thriving Coral Gables location, this property is expected to generate significant interest. This is a must-see opportunity for investors seeking a stable, high-value asset in a prime location. The property's age and size offer potential for future renovations or expansion, further enhancing its value and appeal. Don't miss this chance to acquire a premier medical office building in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $11,493,117

  6.5%

  $10,609,031

  7%

  $9,851,243

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,182,696

  Geo Method

  $5,182,696

• Alternative Use

  Use

  Valuation

  Residential

  $13,155,199

  Hospitality

  $12,050,091

  Educational

  $10,025,535

  Medical

  $10,370,328

  Retail

  $15,595,276

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.7254

Longitude

-80.2626

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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