186 Westward DrMiami Springs, FL 33166

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 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.

• 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

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

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