Commodore Plaza, located at 30 West Mashta Drive in Key Biscayne, Florida, 33149, offers exceptional office space in a desirable location. This multi-tenant property boasts a total of 6,194 square feet, with 954 square feet currently available for lease. The building underwent renovations in 2013, ensuring modern amenities and a well-maintained environment. The property is classified as both medical and traditional office space, making it suitable for a variety of businesses. Two individual spaces are immediately available, ranging in size from 656 to 954 square feet. Ample parking is provided with 25 spaces available for tenants and their clients. Situated in Miami-Dade County, this property benefits from the convenience and prestige of Key Biscayne's location. The address is easily accessible and offers a professional image for any business. The available space presents a unique opportunity for businesses seeking a modern, well-maintained office space in a highly desirable location. Interested parties should inquire about lease terms and availability.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$12,237,595
6.5%
$11,296,242
7%
$10,489,367
Comparable approach
Method
Valuation
Relative Method
$5,426,658
Geo Method
$5,426,658
Alternative Use
Use
Valuation
Residential
$14,007,340
Hospitality
$12,830,648
Educational
$10,674,948
Medical
$11,042,076
Retail
$16,605,475
Location Insight
City
Key Biscayne
County
Miami-dade
State
Florida
Latitude
25.6863
Longitude
-80.1638
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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