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    5445 Collins Ave Miami Beach, FL 33140

    Sponsored
    For Sale
    $350,000

    Prime Collins Ave Office, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Miami Beach office space, located at 5445 Collins Ave #10, presents a unique investment opportunity. Priced at $350,000, this property offers two distinct office spaces, designated CU10 and CU10A, within the Castle Beach building's lower lobby. These units, totaling one folio, can be leased individually or together, providing flexibility for various business needs. The building was constructed in 1966 and is situated in the desirable Miami Beach area of Miami-Dade County, Florida, with a zip code of 33140. The precise location is 25.8342472 latitude and -80.1201699 longitude. This presents a compelling opportunity for owner-occupants or investors seeking a well-located commercial property in a thriving market. The attractive asking price is further enhanced by the availability of owner financing, making this an accessible and potentially lucrative investment. The property's location on Collins Avenue offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The dual-office configuration provides versatility, catering to both single-occupancy and multi-tenant requirements. This is a rare opportunity to acquire a well-positioned office space in a prime Miami Beach location with flexible financing options.

    Property Features for 5445 Collins Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1966

    HighLights

    • $350,000 asking price.
    • Office property.
    • 1966 construction.
    • Located at 5445 Collins Ave #10, Miami Beach, FL 33140.
    • Two office spaces (CU10 and CU10A), rentable individually or together.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1201699
    Latitude
    25.8342472

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Collins Ave Office, Owner Financing Available
    Where is this office property / space located?
    The property is located at 5445 Collins Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; Office property.; 1966 construction.
    Request Owner's contact information
    5445 Collins Ave Miami Beach, FL 33140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5445 Collins Ave Miami Beach, FL 33140
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