11 1stFlorida City, FL 33034

  • Turn key restaurants
  • 13,695 SF
Off market
$22,206,270 Estimated

Property Details for 11 1st

Year built
1980
Construction
CONCRETE
Lot size
2.22 AC
Property size (Sq ft)
13,695 SF
Zone code
6000:COMMERCIAL,GENERAL
Property type
Turn key restaurants
APN
16-7930-001-0230
APU
1679300010230

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,084,700
    6.5%
    $10,232,000
    7%
    $9,501,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,694,180
    Geo Method
    $4,694,180
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $19,572,100
    Mixed-Use / Specialty
    $10,349,700
    Hospitality / Lodging
    $7,793,920
    Office
    $10,448,800
    Institutional / Educational
    $10,814,600
    Residential Income
    $12,653,100
    Multifamily
    $14,321,000
    Automotive / Energy
    $9,269,670
    Parking / Income-Based Land
    $3,046,570
    Restaurant / Food Service
    $5,711,910
    Healthcare / Senior Housing
    $10,455,400

Location Insight

City
Florida City
County
Miami-dade
State
Florida
Latitude
25.4471
Longitude
-80.4745
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
$36,992
$1,930,980
$11,996
$1,942,976
-
$1,930,980
$11,996
$1,942,976

FAQs

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