This exceptional, move-in ready office space, totaling 2,176 square feet, is located at 17225 S Dixie Hwy #200 in Palmetto Bay, Florida, 33157. The property is a single-tenant occupancy within a two-story building, offering a unique blend of modern design and functionality. Situated on the second floor, this unit boasts 200 feet of prominent US-1 frontage, ensuring high visibility and accessibility. The open-ceiling design features soaring heights, polished concrete floors, and floor-to-ceiling impact windows, creating a bright and airy atmosphere with breathtaking views. The thoughtfully designed layout includes a modern kitchen and dining area, a welcoming reception area, private offices, and a fully equipped conference room, all designed to optimize efficiency and professionalism. The zoning designation is 6800, and the APN is 33-50-33-000-0490. This is the only available unit in the building, making it a rare opportunity for businesses seeking a sophisticated and functional workspace in a prime Palmetto Bay location. The property consists of one building with one suite and is classified as both office and retail space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$14,568,311
6.5%
$13,447,671
7%
$12,487,123
Comparable approach
Method
Valuation
Relative Method
$6,594,324
Geo Method
$6,594,324
Alternative Use
Use
Valuation
Residential
$16,675,113
Hospitality
$15,274,313
Educational
$12,708,050
Medical
$13,145,099
Retail
$19,768,078
Location Insight
City
Palmetto Bay
County
Miami-dade
State
Florida
Latitude
25.6095
Longitude
-80.3469
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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