186 Westward DrMiami Springs, FL 33166

  • Office properties
  • 3,500 SF
For Lease
$8.40/SF/YR View listing

Property Details for 186 Westward Dr

Year built
1958
Construction
CONCRETE
Lot size
0.06 AC
Property size (Sq ft)
3,500 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Office properties
Property subtype
Office buildings
APN
05-3024-006-1620
APU
530240061620

Description

This exceptional 3,500 square foot office space is available for lease in the heart of Miami Springs. Located on the second floor of a building with a ground floor dental office, this single-tenant suite boasts three large offices, each with its own private bathroom. All utilities are included, making budgeting simple and predictable. The convenient location offers ample street parking, a significant advantage in this vibrant area. The surrounding neighborhood is bustling with a variety of restaurants, shops, and convenience stores, providing employees and clients with numerous amenities within easy reach. The property is zoned 6400, and its APN is 05-30-24-006-1620. This space is ideal for a business seeking a well-appointed, easily accessible office in a thriving Miami Springs location. The building consists of only one suite on the second floor, offering a private and secure environment. The first floor is currently occupied by an established dental practice, adding to the professional atmosphere of the building. This is a fantastic opportunity to establish a presence in a highly desirable area with excellent access to local businesses and amenities. Don't miss out on this chance to secure your ideal Miami Springs office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $992,337
    6.5%
    $916,003
    7%
    $850,574
  • Comparable approach

    Method
    Valuation
    Relative Method
    $493,640
    Geo Method
    $493,640
  • Alternative Use

    Use
    Valuation
    Residential
    $1,135,844
    Hospitality
    $1,040,427
    Educational
    $865,623
    Medical
    $895,393
    Retail
    $1,346,525
186 Westward Dr, Miami Springs, Florida

Location Insight

City
Miami Springs
County
Miami-dade
State
Florida
Latitude
25.8209
Longitude
-80.2841
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
$7,224
$112,500
$215,037
$327,537
-
$112,500
$215,037
$327,537

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