11824 Miramar PkwyMiramar, FL 33025

Property Details for 11824 Miramar Pkwy

Year built

2004

Construction

CONCRETE

Lot size

1.01 AC

Property size (Sq ft)

43,976 SF

Zone code

PID

Property type

Distribution centers

APN

51-40-25-AB-0050

APU

514025AB0050

Description

This exceptional 2,400 square foot single-tenant office space is ideally situated in the Flamingo Park of Commerce on Miramar Parkway. The property boasts ample parking, making it convenient for employees and clients. Currently available for immediate lease, this office space presents a fantastic opportunity. The existing ceiling height offers potential for conversion to higher ceilings, enhancing the space's versatility. The sublease includes common area maintenance (CAM) charges and water, along with building maintenance. The tenant is responsible for air conditioning costs, while high-speed internet is already installed. There is no mezzanine level in this single-suite building. The property is zoned PID and has an APN of 514025AB0050. This is a single-tenant occupancy building, offering a private and efficient workspace. The location provides easy access to major transportation routes, making it an attractive option for businesses seeking a strategic location in Miramar. This turnkey office space is ready for immediate occupancy, eliminating the need for extensive renovations or setup. Contact us today to schedule a viewing and secure this prime office space.

• CAP approach

  CAP return

  Valuation

  6%

  $28,842,200

  6.5%

  $26,623,600

  7%

  $24,721,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,176,700

  Geo Method

  $30,176,700

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $13,543,800

  Mixed-Use / Specialty

  $13,409,900

  Hospitality / Lodging

  $9,726,970

  Office

  $13,241,100

  Institutional / Educational

  $13,910,300

  Residential Income

  $16,275,100

  Multifamily

  $19,994,000

  Automotive / Energy

  $11,923,100

  Parking / Income-Based Land

  $4,199,110

  Restaurant / Food Service

  $6,791,890

  Healthcare / Senior Housing

  $13,839,400

Location Insight

City

Miramar

County

Broward

State

Florida

Latitude

25.9771

Longitude

-80.3044

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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