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    3850 87Th Ave Miami, FL 33165

    For Lease
    $1.95 SF/Yr

    Prime Office Space, 21,500 sq ft

    Lot size:
    21,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional three-story office building, totaling 21,500 square feet, presents a unique investment opportunity. Situated at the highly desirable intersection of 87th Avenue and Bird Road, this single-tenant property boasts an unparalleled location. Its strategic placement offers immediate access to major thoroughfares, including the Palmetto Expressway, ensuring convenient commutes for employees and clients. The building's prominent position across the street from La Carretta restaurant further enhances its visibility and accessibility. The property's zoning designation is 6062. The building consists of one structure with a total of one suite spread across three floors. Its convenient proximity to Tropical Park adds to its appeal, providing employees and visitors with a nearby recreational area. The property's APN is 30-40-16-007-0181. This is a single-tenant building, offering a streamlined management experience. The building's size and location make it ideal for a variety of businesses seeking a high-profile presence in a thriving commercial area. This is a rare opportunity to acquire a well-situated, substantial office building in a prime South Florida location. The property's strong location and single-tenant occupancy make it an attractive investment for discerning buyers. Serious inquiries are encouraged.

    Property Features for 3850 87Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,500 SF

    Building Details

    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    307 308
    Size
    21,500 SF
    Rate per SF
    $1.95

    HighLights

    • Office property totaling 21,500 square feet.
    • Single‑tenant occupancy.
    • Three‑story building with one suite.
    • Located at 87th Ave and Bird Road, across from La Carretta, near Tropical Park and the Palmetto Expressway.
    • Zoned 6062; APN 30‑40‑16‑007‑0181.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Armando Baez, ... Dentist 305 Dentistry Dentist Alliance Therapy & Rehab ... Physical Therapist Dr. Joseph Selem Ophthalmologist Panamerican Sports Med ... General Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3363243
    Latitude
    25.7340509

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 21,500 sq ft
    Where is this office property / space located?
    The property is located at 3850 87Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $1.95 SF/Yr.
    What are key features of this property?
    This property features: Office property totaling 21,500 square feet.; Single-tenant occupancy.; Three-story building with one suite.
    Request Owner's contact information
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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
    3850 87Th Ave Miami, FL 33165
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