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    8125 64Th St Miami, FL 33166

    For Sale
    $9,990,000

    Spacious warehouse, luxury offices, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Medley, Florida property presents a unique opportunity to acquire a substantial industrial and mixed-use building. The property boasts a total building area exceeding 22,134 square feet, situated on a generous 47,216 square foot lot (over an acre). The building, constructed in 1982, is zoned IU3 - HEAVY MANUFACTURING, offering significant flexibility for various industrial uses. The property features approximately 17,000+ square feet of warehouse space, complemented by a 27-foot ceiling height and four automatic loading doors. A significant feature is the extensive dock height, enhancing operational efficiency. In addition to the warehouse, the property includes approximately 3,288 square feet of modern, two-story luxury office space. This area is thoughtfully designed with six private offices, a conference room, four bathrooms, a waiting area, and a unique bar/lounge area. Furthermore, there is an additional 1,000 square feet of indoor manufacturing space. The strategic location near Okeechobee Road, the Turnpike, and the Palmetto Expressway (SR-826) provides unparalleled access to major transportation arteries, optimizing logistics and distribution. This property is offered at $9,990,000.

    Property Features for 8125 64Th St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1982

    HighLights

    • 22,134 SF industrial/mixed‑use building on a 47,216 SF lot in Medley, FL.
    • 17,000+ SF warehouse with 27' ceilings and four loading docks.
    • 3,288 SF of modern, two‑story luxury office space with six private offices, conference room, and bar/lounge.
    • 1,000 SF of indoor manufacturing space.
    • IU3 Heavy Manufacturing zoning.
    • Excellent location near major highways (Okeechobee Road, Turnpike, Palmetto Expressway).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NCM Supplies Inc Manufacturer NCM TIRES LLC Wholesaler

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3292496
    Latitude
    25.8322776

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, luxury offices, excellent location.
    Where is this distribution property located?
    The property is located at 8125 64Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $9,990,000.
    What are key features of this property?
    This property features: 22,134 SF industrial/mixed-use building on a 47,216 SF lot in Medley, FL.; 17,000+ SF warehouse with 27' ceilings and four loading docks.; 3,288 SF of modern, two-story luxury office space with six private offices, conference room, and bar/lounge.
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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
    8125 64Th St Miami, FL 33166
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