2509 Miami AveMiami, FL 33127
- Office properties
- 9,547 SF
Property Details for 2509 Miami Ave
- Year built
- 1925
- Construction
- CONCRETE
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 9,547 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 01-3125-010-0020
- APU
- 131250100020
Description
This exceptional 2,461-square-foot creative office space is available for sublease in the vibrant Wynwood neighborhood of Miami, Florida. Located at 2509 N Miami Ave, Suite 204 of The Print Shop, this single-tenant space is part of a completely renovated Class A building, offering high-end, open lofts perfect for a modern business. The building, a former printing press, boasts a prime location on North Miami Avenue, a major thoroughfare connecting Miami's urban core. Wynwood's walkability is a key advantage, with easy access to numerous restaurants and shops. A ground-floor restaurant adds further convenience. This thriving area is experiencing significant growth, with 28 current development projects encompassing over 3,200 residential units, nearly 200 hotel rooms, over 660,000 square feet of office space, and over 360,000 square feet of retail space. The building itself is a 21,509 square foot building with elevator access. This sublease opportunity provides a unique blend of historical charm and modern amenities in one of Miami's most dynamic and sought-after locations. The space is ideal for businesses seeking a creative and inspiring work environment in a rapidly developing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,242,720
- 6.5%
- $7,608,665
- 7%
- $7,065,189
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,655,164
- Geo Method
- $3,655,164
-
Alternative Use
- Use
- Valuation
- Residential
- $9,434,745
- Hospitality
- $8,642,175
- Educational
- $7,190,188
- Medical
- $7,437,470
- Retail
- $11,184,738
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.8012
- Longitude
- -80.1945
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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