17225 Dixie HwyPalmetto Bay, FL 33157

  • Office buildings
  • 20,276 SF
For Lease
$0.26/SF/YR View listing

Property Details for 17225 Dixie Hwy

Year built
2010
Construction
CONCRETE
Lot size
0.28 AC
Property size (Sq ft)
20,276 SF
Zone code
6800:COMM,PROFESS OFFICES
Property type
Office buildings
APN
33-5033-000-0490
APU
3350330000490

Description

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

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
$39,324
$671,550
$2,328,450
$3,000,000
-
$671,550
$2,328,450
$3,000,000

FAQs

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