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    5020 Biscayne Boulevard Way Miami, FL 33137

    For Sale
    $25,000,000

    10,282 SF Office Building - Fully Vacant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional two-story office building, totaling 10,282 square feet, presents a unique opportunity in Salt Lake County. Currently fully vacant, this single-tenant property offers unparalleled flexibility for a business seeking to establish a substantial presence. The building's design incorporates a thoughtful blend of private offices and open work areas, catering to a variety of operational styles and team structures. The layout is well-suited for companies requiring both individual workspaces and collaborative environments. The 10,282 square feet provide ample room for growth and expansion, making it ideal for businesses anticipating future scaling. Its location in Salt Lake County offers convenient access to key transportation routes and amenities, enhancing employee commute and overall business operations. This property represents a rare chance to secure a substantial, move-in ready office space in a desirable location. The building's design prioritizes productivity and professionalism, creating an environment conducive to success. The fully vacant status allows for complete customization to perfectly match a company's specific needs and branding. This is an excellent opportunity for a business seeking a prominent and functional office space in a thriving area. Serious inquiries are encouraged.

    Property Features for 5020 Biscayne Boulevard Way

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1949
    Units
    1

    HighLights

    • 10,282 SF traditional office building in Salt Lake County.
    • Single‑tenant occupancy, fully vacant.
    • 10,282 square feet of available space.
    • Two‑story building.
    • Suitable for a variety of business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1877463
    Latitude
    25.8216824

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    FAQs

    What type of property is this?
    Office Property / Space - 10,282 SF Office Building - Fully Vacant
    Where is this office property / space located?
    The property is located at 5020 Biscayne Boulevard Way Miami, FL.
    What is the asking price?
    The asking price for this property is $25,000,000.
    What are key features of this property?
    This property features: 10,282 SF traditional office building in Salt Lake County.; Single-tenant occupancy, fully vacant.; 10,282 square feet of available space.
    (561) 371-5226
    Request Owner's contact information
    5020 Biscayne Boulevard Way Miami, FL 33137
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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
    5020 Biscayne Boulevard Way Miami, FL 33137
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